The dollar gained against the euro on Tuesday after a Federal Reserve official said U.S. interest rates would probably have to be raised soon, regardless of economic difficulties, AP reported. The 15-nation euro was down to US$1.5859 in late European trading, below the US$1.5893 it bought in New York late Monday. Higher interest rates can attract investors to a currency as they seek higher returns on investments. In other trading, the British pound was up marginally to US$1.9990 from US$1.9984. The dollar edged up to 106.79 Japanese yen from 106.75.
