Thursday, January 10, 2013

Reuters: US Dollar Report: Euro rises to session high vs dollar after ECB holds rates

Reuters: US Dollar Report
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Euro rises to session high vs dollar after ECB holds rates
Jan 10th 2013, 12:51

LONDON | Thu Jan 10, 2013 7:51am EST

LONDON Jan 10 (Reuters) - The euro hit a session high against the dollar on Thursday after the European Central Bank kept rates on hold at 0.75 percent, wrongfooting some investors who had positioned for the slight chance of a surprise rate cut.

The euro rose to $1.3115, hitting reported stop loss orders at that level. It was last trading up 0.3 percent on the day at $1.3107.

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