Tuesday, December 11, 2012

Reuters: US Dollar Report: Euro climbs to $1.3000 as investors position for Fed

Reuters: US Dollar Report
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Euro climbs to $1.3000 as investors position for Fed
Dec 11th 2012, 15:17

NEW YORK | Tue Dec 11, 2012 10:17am EST

NEW YORK Dec 11 (Reuters) - The euro rose to a session high of $1.3000 on Tuesday as investors positioned ahead of a Federal Reserve meeting on monetary policy with some speculation the Fed could signal more aggressive quantitative easing in the near term.

The euro was last up 0.4 percent at $1.2996 after climbing as high as $1.3000.

Any Fed decision will be announced on Wednesday.

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