FOREX-US dollar recovers vs euro after Russia Treasury comment

Jun 10th, 2009 - Reuters

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* US dollar recovers after Russia Treasury comments

* Higher risk appetite fades, euro, sterling retreat

* Euro trades in broad $1.3952-$1.4145 range on Wednesday

* Some doubts about strength of global recovery linger (Updates, adds comment, detail)

NEW YORK, June 10 (Reuters) - The U.S. dollar edged upagainst the euro on Wednesday, erasing losses suffered afterRussia's central bank said it will diversify its currencyreserves by cutting U.S. Treasury purchases and buyingIMF-backed bonds.

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