Reuters: US Dollar Report: Euro hits fresh two-week high vs dollar above $1.30

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Euro hits fresh two-week high vs dollar above $1.30 Oct 4th 2012, 15:15 NEW YORK | Thu Oct 4, 2012 11:15am EDT NEW YORK Oct 4 (Reuters) - The euro touched fresh two-week highs against the dollar on Thursday, in line with a generally improved risk sentiment in the aftermath of encouraging comments on the single currency from European Central Bank President Mario Draghi. Draghi, in a news conference, vowed to preserve the euro zone's monetary system and its currency. The euro was also boosted by corporate demand at the 11 am EDT fixing. It hit a high of $1.3012, the highest since Sept. 21 and was last at $1.2996, up 0.7 percent on the day.

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