国际英语新闻：Euro hits two-month high on less concerns about debt crisis

NEW YORK, Jan. 21 (Xinhua) -- The euro hit a two-month high above 1.36 dollars in late New York trading on Friday and its break of important technical levels suggested more gains to come as concerns about the eurozone debt crisis started to ease.

This week, meetings have been held to assure some investors that a plan to counter Europe's debt crisis would be completed soon. And on Friday, a closely followed survey of German business confidence rose to its highest level in two decades, which also boosted confidence in the euro.

The dollar was broadly lower Friday as stocks were driven higher by strong earnings from General Electric Co. The safe-haven dollar tends to drop when assets such as stocks and commodities rise.

In late Thursday trading, the euro rose to 1.3602 dollars from 1.3469.

The British pound rose to 1.6002 dollars from 1.5910, while the dollar fell to 82.60 Japanese yen from 83.04 yen. The dollar also dropped to 0.9590 Swiss franc from 0.9679 Swiss franc, and fell to 0.9948 Canadian dollars from 0.9976.