Friday, October 5, 2012

Reuters: US Dollar Report: Euro hits 2-week high vs dollar as risk rally gains momentum

Reuters: US Dollar Report
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Euro hits 2-week high vs dollar as risk rally gains momentum
Oct 5th 2012, 13:12

Fri Oct 5, 2012 9:12am EDT

NEW YORK, Oct 5 (New York) - The euro hit a two-week high against the dollar on Friday as risk sentiment improved following a U.S. jobs report that showed a drop in unemployment rate to a four-year low and upward revisions to previous months.

The euro hit a high of $1.3042, the highest since Sept. 21 and was last at $1.3037, up 0.2 percent.

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