Reuters: US Dollar Report: Euro, Swiss franc hit 4-week highs versus dollar

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Euro, Swiss franc hit 4-week highs versus dollar May 1st 2012, 08:04 LONDON | Tue May 1, 2012 4:04am EDT LONDON May 1 (Reuters) - The euro and Swiss franc rose to four-week highs against a broadly weaker dollar in thin liquidity on Tuesday, with the greenback under pressure following weaker-than-expected U.S. economic data the previous day. The euro rose 0.2 percent on the day to $1.3274 on trading platform EBS, its highest level since early April. Gains were expected to be capped by reported offers around $1.3280. The dollar also fell against the Swiss franc, dropping 0.2 percent on the day to 0.90500 francs. Traders reported thin trading volumes as a result of a European public holiday.

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