Markets

Euro recovers and rallies against the dollar

NEW YORK : The euro rallied from the session low and traded higher against the dollar on Friday as some investors unwoun
Published July 1, 2011 Updated July 1, 2011 06:35pm

Thin trading ahead of the US long holiday weekend exacerbated price moves, traders said.

The euro was up 0.1 percent to $1.4521, according to Reuters data. The euro has gained 2.3 percent this week, the first weekly gain in four weeks.

 

Copyright Reuters, 2011