The dollar stood tall against a basket of currencies on Thursday, as the euro retreated to a five-month low on concerns the political developments in Italy could cause wider disruptions in the common currency bloc. The euro was 0.05 percent higher at $1.1813 after sliding overnight to $1.1763, its lowest since Dec. 18. Political uncertainty in Italy, where populist parties have jostled to forge a common platform in a bid to lead the next government, have been a major drag on the euro. The common currency slid to the five-month low on reports that Italy's anti-establishment 5-Star Movement and anti-immigrant League ... (full story)