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Markets

Euro hits 2-week high against dollar on Sarkozy comments

NEW YORK : The euro accelerated gains against the US dollar on Thurday, hitting fresh two-week highs after French Presid
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By Imad Uddin
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EuroNEW YORK: The euro accelerated gains against the US dollar on Thurday, hitting fresh two-week highs after French President Nicolas Sarkozy said European leaders have agreed to create the beginnings of a European Monetary Fund.

The euro rose as high as $1.44177 on trading platform EBS, its highest since July 6, and was last at $1.43881, up 1.2 percent.

 

Copyright Reuters, 2011

 

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