Reuters: US Dollar Report: Euro rises to session highs versus dollar, yen

Reuters: US Dollar Report Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Euro rises to session highs versus dollar, yen Jun 6th 2012, 08:01 LONDON, June 6 | Wed Jun 6, 2012 4:01am EDT LONDON, June 6 (Reuters) - The euro rose against the dollar and the yen on Wednesday, with investors cutting bearish positions against the common currency and as expectations that the U.S. Federal Reserve may launch another round of quantitative easing supported risk appetite. The euro rose above reported offers from Asian investors at $1.2500 to hit a session high of $1.25210 on trading platform EBS. The euro also rose 1 percent on the day against the safe-haven Japanese yen, advancing to 99.118 yen, its highest level since May 30.

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