Dollar pushes to best level against euro in a month

NEW YORK: The US dollar rose against the euro for a second day, hitting its best level since early December as traders remained risk-averse in the thin holiday season action.

At 2200 GMT the euro dropped to $1.3586 from $1.3665, and was well down from the $1.3812 it hit on December 31.

Analysts said forex traders were cautious in the low liquidity of the New Year period, with many waiting to see what fresh US data next week will tell investors about the Federal Reserve's plans for further stimulus reductions.