The euro is rising against the dollar after major central banks around the world took action to ease strains on the global financial system.
The move by the U.S. Federal Reserve, European Central Bank, Bank of England and the central banks of Canada, Japan and Switzerland makes it easier for European banks to borrow dollars. It's meant to help spur economic activity and ease global markets as Europe's debt crisis continues to worry investors.
The euro rose to $1.3462 in morning trading Wednesday from $1.3331 late Tuesday.
The British pound rose to $1.5776 from $1.5607. The dollar fell to 77.59 Japanese yen from 77.93 Japanese yen, to 0.9102 Swiss franc from 0.9203 and to 1.0160 Canadian dollar from 1.0301 Canadian dollar.