December 1, 2016 / 8:01 PM / a year ago

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

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.

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

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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