(“WORLD FOREX: Scramble For Dollars As Italian Yields Surge,” at 1157 GMT, misstated the day in the last two paragraphs. The correct version follows:)
— Dollar surges as Italian borrowing costs surge and euro-zone debt crisis intensifies
— Eastern European currencies battered after Hungary is downgraded to junk status
LONDON (Dow Jones)–The dollar surged across the board in European trade Friday as the euro-zone debt nightmare again jolted euro sellers into life, with Italian sovereign borrowing costs hitting euro-era highs and benchmark dollar funding costs rising …
