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Euro hits session high vs dollar, helped by IMF comments
LONDON |
LONDON Oct 5 (Reuters) - The euro extended gains to hit a session high versus the dollar on Wednesday, helped by comments from an IMF official that they could invest in the secondary market in Spanish and Italian bonds alongside the EFSF. .
The euro climbed as high as $1.33685, up around 0.2 percent on the day.
Traders said there was steady demand to buy euros from $1.3290, while bids from hedge funds helped trigger stops above $1.3360 before the euro ran into offers around $1.3365.
(Reporting by Nia Williams)
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