Sponsored Links

Euro rises to 1-1/2 month high versus dollar

Related Topics

LONDON | Wed Dec 5, 2012 3:21am EST

LONDON Dec 5 (Reuters) - The euro rose to a 1-1/2 month high against the U.S dollar on Wednesday, extending recent gains as worries over Greece and Spain subsided and investors cut previous short positions against the single currency.

The euro hit $1.3127, its highest level since Oct. 18, according to trading platform EBS. Traders cited an options barrier at $1.3150 with Asian central banks also seen buying the euro in recent sessions.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.