Euro hits 1-month high vs dollar on higher oil

TOKYO, May 27 (Reuters) - The euro rose to a one-month high against the dollar on Tuesday as crude oil gained nearly 1 percent and added to concerns about the deteriorating U.S. economy, prompting investors to sell the U.S. currency.

The euro edged up 0.2 percent on the day to $1.5810 <EUR=> after climbing as high as 1.5819 on trading platform EBS, its highest since late April.

The European single currency rose 0.4 percent against the yen to 163.68 yen <EURJPY=R>. (Reporting by Rika Otsuka)