Reuters: US Dollar Report: Euro rises to session high versus dollar

Reuters: US Dollar Report Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Euro rises to session high versus dollar Feb 26th 2013, 10:05 LONDON | Tue Feb 26, 2013 5:05am EST LONDON Feb 26 (Reuters) - The euro rose to a session high against the dollar on Tuesday as some investors and speculators bought the common currency back after it tumbled to a seven-week low earlier on fears of a political deadlock in Italy. The euro rose to a session high of $1.3119 and was up 0.4 percent on the day against the dollar. Traders said a U.S. investment bank was the main buyer of the euro and cited stop-loss orders above $1.3120 which was close to its 100-day moving average of $1.3123.

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