Markets
Euro climbs to session peak against the dollar
NEW YORK : The euro rose to a session peak against the dollar on Wednesday on electronic trading platform EBS on broad d
NEW YORK: The euro rose to a session peak against the dollar on Wednesday on electronic trading platform EBS on broad dollar weakness amid concerns about a weakening global economy and the lack of a clear solution to the European debt crisis.
The euro rose as high as $1.4518 on EBS, up 0.7 percent on the day. It last traded at $1.4506.
The Australian dollar also rose to a session peak against the US dollar at US$1.0601 on Reuters Dealing, while the New Zealand dollar climbed to a session peak of US$0.8424
Copyright Reuters, 2011
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