RPT-Euro up versus dollar, sterling hits near 5-month high

Fri Sep 21, 2012 4:51am EDT

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LONDON, Sept 21 (Reuters) - The euro hit a session high against the dollar on Friday with traders reporting buying by Middle East investors, while sterling also rose to a near five-month peak after UK borrowing numbers were not as bad as expected.

The euro rose to $1.3032 on trading platform EBS, triggering reported stop loss orders above $1.30.

Sterling rose to a near five-month high of $1.6298, with traders reporting stop loss orders above $1.63. It hovered very close to its 2012 high of $1.6304.