Wednesday, April 25, 2012

Reuters: US Dollar Report: Euro hits session low after Fed's US growth forecast

Reuters: US Dollar Report
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Euro hits session low after Fed's US growth forecast
Apr 25th 2012, 18:22

NEW YORK, April 25 | Wed Apr 25, 2012 2:22pm EDT

NEW YORK, April 25 (Reuters) - The euro dropped to session lows against the U.S. dollar after the U.S. Federal Reserve raised its economic growth forecast for 2012.

The euro fell to a session low of $1.3173 before seesawing near its earlier three-week high. It traded at $1.3188 in mid-afternoon New York trade.

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