Euro hits nearly two-week high versus dollar

NEW YORK Mon Nov 19, 2012 9:24pm IST

NEW YORK Nov 19 (Reuters) - The euro rose on Monday to its highest level against the dollar in nearly two weeks on optimism that Greece will receive its next tranche of aid and optimism that U.S. lawmakers will reach a deficit-reduction deal by the end of the year.

The euro hit a high of $1.2819, its highest since Nov. 7. It last traded at $1.2814, up 0.6 percent on the day, according to Reuters data.

Risk appetite was broad-based, with world stock markets rallying as well.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

WTO

REUTERS SHOWCASE

Factory Activity

Factory Activity

Factories post fastest growth for 17 months in July  Full Article 

Reviving Infosys

Reviving Infosys

CEO Sikka says to improve business with new growth avenues  Full Article 

Outlook Slashed

Outlook Slashed

ArcelorMittal cuts outlook as ore prices hit mining  Full Article 

Car Launch Ahead

Car Launch Ahead

Tata Motors bets on new sedan to revive weak India sales.  Full Article 

Gold Smuggling

Gold Smuggling

In cat-and-mouse game, India uncovers new gold smuggling route.  Full Article 

Re-gaining Momentum

Re-gaining Momentum

China's factories spring to life as global trade reawakens  Full Article 

Coal India

Coal India

Some Coal India mines may be run by foreign firms - minister  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage