Reuters: US Dollar Report: Euro rises, Bunds extend fall after German ZEW data

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Euro rises, Bunds extend fall after German ZEW data Dec 11th 2012, 10:09 LONDON | Tue Dec 11, 2012 5:09am EST LONDON Dec 11 (Reuters) - The euro rose to a session high against the dollar while Bunds extended losses on Tuesday after the German ZEW sentiment survey for December beat expectations. The euro rose to a session high of $1.2976 after the data was released, from around $1.2964 beforehand. The euro recovered further from a two-week low of $1.2880 struck on Monday on political turmoil in Italy. German Bund futures extended their earlier fall, reaching a session low of 145.38, down 22 ticks on the day.

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