Wednesday, December 12, 2012

Reuters: US Dollar Report: Euro rises vs U.S. dollar after Fed leaves rates unchanged

Reuters: US Dollar Report
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Euro rises vs U.S. dollar after Fed leaves rates unchanged
Dec 12th 2012, 17:40

NEW YORK | Wed Dec 12, 2012 12:40pm EST

NEW YORK Dec 12 (Reuters) - The euro extended its gains against the U.S. dollar on Wednesday after the Federal Reserve, as expected, left benchmark U.S. interest rates unchanged and announced a new bond-buying program to help stimulate the U.S. economy.

The euro traded to a fresh intra-day high of $1.3077, up more than 0.45 percent on the day and its best level in nearly a week.

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