Wednesday, August 29, 2012

Reuters: US Dollar Report: Euro hits session high vs dollar after Draghi comments

Reuters: US Dollar Report
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Euro hits session high vs dollar after Draghi comments
Aug 29th 2012, 09:17

LONDON | Wed Aug 29, 2012 5:17am EDT

LONDON Aug 29 (Reuters) - The euro hit a session high against the dollar on Wednesday after comments in a paper from European Central Bank President Mario Draghi cemented expectations the bank will soon announce measures to tackle the euro zone debt crisis.

The euro rose to $1.25735, up 0.1 percent on the day, nearing an eight-week high of $1.2590.

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