Reuters: US Dollar Report: Euro falls to 6-wk low vs dollar as German, French GDP data hurt

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 falls to 6-wk low vs dollar as German, French GDP data hurt May 15th 2013, 06:54 LONDON | Wed May 15, 2013 2:54am EDT LONDON May 15 (Reuters) - The euro fell to a six-week low against a buoyant dollar on Wednesday, hurt by worse-than-expected German and French gross domestic product (GDP) data, which kept alive chances of more monetary easing by the European Central Bank. The euro fell to $1.2897 on trading platform EBS, its lowest level since early April. It has lost over 2 percent on the year against the dollar. The dollar rose to a fresh 4-1/2 year high against the yen of 102.46 yen, with traders citing an option barrier at 102.50 yen. The dollar also hit a 9-month high against the Swiss franc , gaining to 0.9686 francs, its highest since August 2012. The Australian dollar fell to a fresh 11-month low of $0.9873.

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