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The euro advanced against the dollar and the yen on Monday as weaker-than-expected US data and Federal Reserve Chairman Ben Bernanke's cautious comments on the job market spurred hopes for more easing ahead, boosting riskier assets. The single currency hit a better than three-week high against the greenback and jumped more than 1 percent against the yen.
The euro advanced 0.41 percent to $1.3325 on Monday and touched its highest since March 1. Against the yen the single currency jumped as high as 110.54 yen before more recently trading at 110.37 yen, up 1.01 percent. The dollar also slid against the Swiss franc, off 0.39 percent to 0.9042 francs. The dollar advanced against the Japanese currency, gaining 0.62 percent to 82.82 yen.

Copyright Reuters, 2012

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