Reuters: US Dollar Report: Euro rises to near four-month high versus dollar

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 near four-month high versus dollar Sep 11th 2012, 07:35 LONDON, Sept 11 | Tue Sep 11, 2012 3:35am EDT LONDON, Sept 11 (Reuters) - The euro extended gains against the dollar on Tuesday, rising to its highest in nearly four months after a German constitutional court confirmed it will deliver its ruling on the euro zone's rescue fund on Wednesday despite a last-minute challenge. The euro rose to $1.28197 on trading platform on EBS, its highest level since May 22 and up 0.5 percent on the day. Traders cited option barriers at $1.2850 with decent resistance expected at its 200-day moving average of around $1.28346.

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