Tuesday, January 29, 2013

Reuters: US Dollar Report: Euro erases losses versus dollar, hits session high

Reuters: US Dollar Report
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Euro erases losses versus dollar, hits session high
Jan 29th 2013, 14:28

NEW YORK | Tue Jan 29, 2013 9:28am EST

NEW YORK Jan 29 (Reuters) - The euro recouped its losses against the dollar and rose to a session high in early trade on Tuesday.

The euro rose as high as $1.3471, according to Reuters data. It was last at $1.3468, up 0.1 percent on the day.

Upbeat German economic data and signs European banks were on the mend pushed the euro to an 11-month high of $1.3479 on Friday.

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