Monday, December 3, 2012

Reuters: US Dollar Report: Euro rises to 6-week high, dollar index at 1-month low

Reuters: US Dollar Report
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Euro rises to 6-week high, dollar index at 1-month low
Dec 3rd 2012, 09:40

LONDON | Mon Dec 3, 2012 4:40am EST

LONDON Dec 3 (Reuters) - The euro rose to a six-week high against the dollar on Monday as investors unwound short bets on falling peripheral euro zone bond yields and on signs Germany may be open to a Greek debt write-down.

The euro's gains drove the dollar index to a one-month low of 79.918, down 0.3 percent on the day.

The euro rose to $1.3049 on trading platform EBS with offers cited above $1.3050/60.

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