Monday, April 1, 2013

Reuters: US Dollar Report: Euro turns positive vs dollar, hits session highs after US data

Reuters: US Dollar Report
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Euro turns positive vs dollar, hits session highs after US data
Apr 1st 2013, 14:22

NEW YORK, April 1 | Mon Apr 1, 2013 10:22am EDT

NEW YORK, April 1 (Reuters) - The euro rose to session highs against the dollar on Monday after data showed a weaker-than-expected U.S. manufacturing sector in March.

The Institute for Supply Management said its index of national factory activity fell to 51.3 from 54.2 the month before. The reading was shy of expectations of 54.2 according to a Reuters poll of economists.

The euro rose to the day's high of $1.2854. It was last at $1.2847, up 0.2 percent.

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