Tuesday, June 19, 2012

Reuters: US Dollar Report: Euro extends gains vs U.S. dollar, hits session highs

Reuters: US Dollar Report
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Euro extends gains vs U.S. dollar, hits session highs
Jun 19th 2012, 13:21

NEW YORK, June 19 | Tue Jun 19, 2012 9:21am EDT

NEW YORK, June 19 (Reuters) - The euro extended gains against the dollar on Tuesday, hitting session highs, on technical buying.

Traders said stops were triggered above the $1.2625/30 area, adding that euro buying on dips by Middle Eastern accounts has been a theme so far on Tuesday.

The euro hit session highs of $1.2647 and was last at $1.2645, up 0.5 percent on the day.

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