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LONDON: The euro rose to a four-week high versus a broadly weaker dollar on Tuesday as dovish comments from Federal Reserve Chairman Ben Bernanke weighed on the US currency and as stop-loss buy orders were triggered in the common currency.
The euro rose to $1.33857 on trading platform EBS to trade up around 0.2 percent for the day after traders said stop-losses were triggered through Monday's high of $1.3368.
The dollar also fell to a four-week low versus a basket of currencies of 78.77 to trade down around 0.25 percent for the day.