RPT-Euro and European stocks rise, Bunds fall after Ifo data

Fri Feb 22, 2013 4:09am EST

LONDON Feb 22 (Reuters) - The euro hit a session high against the dollar and European shares rose, while German Bund futures fell on Friday after a better-than-expected German Ifo survey.

The euro climbed around 0.4 percent on the day to $1.3246, from $1.3218 before the data.

Bunds fell slightly after the release to last trade 16 ticks lower on the day at 143.22.

The pan-European FTSEurofirst 300 index extended earlier gains after the German Ifo, rising by as much as 0.8 percent to an intraday high of 1,160.49 points.

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