Reuters: US Dollar Report: Euro hits 1-month high, shares extend gains after German PMI

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Euro hits 1-month high, shares extend gains after German PMI Jul 24th 2013, 07:39 LONDON, July 24 | Wed Jul 24, 2013 3:39am EDT LONDON, July 24 (Reuters) - The euro rose to a one-month high against the dollar, European shares extended gains and Bunds fell on Wednesday after data showed Germany's private sector expanded at a faster than expected pace. The euro rose to $1.3249, its highest since June 21, after the German PMI survey, from $1.3212 with stop loss buy orders cited at $1.3250. European shares extended gains after the data, with the FTSEurofirst 300 up 0.6 percent. German Bund futures extended losses to a session low of 143.33, down 49 ticks on the day.

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