Tuesday, August 20, 2013

Reuters: US Dollar Report: Euro rises to 2-month high versus dollar

Reuters: US Dollar Report
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Euro rises to 2-month high versus dollar
Aug 20th 2013, 10:37

LONDON | Tue Aug 20, 2013 6:37am EDT

LONDON Aug 20 (Reuters) - The euro rose to a two-month high against the dollar on Tuesday in lower volumes, with traders citing position squaring for the move higher in the single currency.

The euro hit a peak of $1.34065, its highest since June 19 and up 0.5 percent on the day.

A narrowing of spreads between 10-year U.S. yields and German bunds also helped the single currency.

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