The euro rose against the U.S. dollar Tuesday as an interest rate increase from the Australian central bank and rising stock markets lent investors some new confidence in the global economy, according to AP. The 16-nation euro bought $1.4733 in European morning trading, up from the $1.4661 late Monday in New York. The British pound rose to $1.5982 from $1.5947 while the dollar fell against the Japanese currency to 89.20 yen from 89.51 yen late Monday in New York.
