Dollar index rises to 1-month high

LONDON Mon Feb 11, 2013 3:32am EST

Related Topics

LONDON Feb 11 (Reuters) - The dollar index rose to a 1-month high on Monday on the U.S. currency's recent gains against the euro and the yen.

The index which measures the dollar's performance against a basket of currencies rose to 80.298, its highest since Jan. 10.

The euro was hovering near a 2-week low against the dollar as last weeks comments from European Central Bank chief Mario Draghi about the euro's strength weighed along with fresh worries about a rescue for Cyprus.

The yen has been under pressure on increased prospects of further monetary easing in Japan.

FILED UNDER:
A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article