Wednesday, August 22, 2012

Reuters: US Dollar Report: Euro falls to session low versus dollar

Reuters: US Dollar Report
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Euro falls to session low versus dollar
Aug 22nd 2012, 11:20

LONDON | Wed Aug 22, 2012 7:20am EDT

LONDON Aug 22 (Reuters) - The euro fell to a session low against the dollar on Wednesday as some investors took profit on the single currency's rally to a seven-week high the previous day.

The euro fell to $1.2443 on trading platform EBS, down from Tuesday's peak of $1.2488, with some traders citing talk of selling by a supra-national institution.

Market players said further losses could be limited due to bids reported around $1.2420.

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