December 1, 2016 / 8:01 PM / 8 months ago

Euro adds gains after France's Hollande says won't seek re-election

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U.S. dollar and Euro notes are seen in this November 7, 2016 picture illustration.Dado Ruvic/Illustration

NEW YORK (Reuters) - The euro rose to session highs against the dollar in mid-afternoon Thursday after French President Francois Hollande said he would not seek a second term in office, a surprise move seen paving an easier path for conservative Francois Fillon to win the post in 2017.

The single currency was last up 0.6 percent at $1.0647, pulling further away from $1.0515 set a week ago which was its lowest since March 2015, according to Reuters data.

Reporting by Richard Leong

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