November 22, 2012 / 11:36 AM / in 5 years

Euro rises to three-week high versus dollar

LONDON, Nov 22 - The euro extended gains to hit a three-week high against the dollar on Thursday on expectations that a Greek funding deal will eventually be agreed and after euro zone PMI data was not as bad as anticipated.

The euro rose to $1.28840 on trading platform EBS, its highest level in three weeks and up 0.4 percent on the day. Traders cited offers above $1.2900 that could check near term gains.

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