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Dollar gains vs euro on risk appetite, oil gains lift ruble
Imaduddin
29 Dec, 2015
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Copyright Reuters, 2015
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![](https://i.brecorder.com/images/2015/12/us-dollar-600-dec.jpg">NEW YORK: The US dollar gained against the euro on Tuesday after greater risk appetite hurt demand for the shared currency and new pressure from short sellers likely weighed, while the Russian ruble recovered on higher oil prices.</P><P>Investors sought riskier assets, including stocks and emerging market currencies, after a recovery in oil prices boosted sentiment. The greater risk appetite hurt the euro, which traders view as a safer funding currency, given its low yield.</P><P>)
