Thursday, April 26, 2012

Reuters: US Dollar Report: Euro falls to session low vs dollar as data weighs

Reuters: US Dollar Report
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Euro falls to session low vs dollar as data weighs
Apr 26th 2012, 10:40

LONDON, April 26 | Thu Apr 26, 2012 6:40am EDT

LONDON, April 26 (Reuters) - The euro hit a session low against the dollar on Thursday, retreating from an earlier three-week high, on reported hedge fund selling and weaker-than-expected euro zone sentiment data.

The euro fell to $1.32008, according to EBS data, marking a fall of 0.15 percent on the day. It dropped below the 55-hour moving average around $1.3202 and could target the 100-hour moving average around $1.3188.

The euro earlier rose as high as $1.32635.

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