Reuters: US Dollar Report: Dollar index rises to 7-1/2 month high

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

Dollar index rises to 7-1/2 month high Mar 14th 2013, 10:47 LONDON, March 14 | Thu Mar 14, 2013 6:47am EDT LONDON, March 14 (Reuters) - The dollar rose to a 7-1/2 month high against a basket of currencies on Thursday buoyed by robust U.S. economic data which has added to speculation that the Federal Reserve may stop further quantiative easing. The dollar index rose 0.2 percent to 83.078, its highest level since early August 2012 and up 4 percent on the year. Its strength dragged the euro lower, with the single currency falling to $1.2924, close to a three-month low of $1.2923 struck on Wednesday.

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