Euro gains versus dollar, hits session high

NEW YORK, April 4 Thu Apr 4, 2013 10:11am EDT

Related Topics

NEW YORK, April 4 (Reuters) - The euro rose to a session high against the dollar in midday trade on Thursday, reversing early losses, as European Central Bank President Mario Draghi affirmed his commitment to keeping the euro zone intact.

The euro rose as high as $1.2880 on Reuters data, and was last at $1.2872, up 0.2 percent on the day.

Currency analysts at Action Economics cited support for the euro from a semi-official name. They also noted option expiries at $1.2800, which are in excess of 1 billion euros later in the day.

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