LONDON, June 18 | Tue Jun 18, 2013 4:10am EDT
LONDON, June 18 (Reuters) - The euro rose to a four-month high versus the dollar on Tuesday as market participants positioned for a better-than-expected German ZEW economic sentiment reading at 0900 GMT.
The single currency hit a peak of $1.3391, which was its highest level since Feb. 20. It was last trading up 0.1 percent at $1.3383. Traders cited institutional investors as buyers of the euro.
0 comments:
Post a Comment