Euro rises to 6-week high, dollar index at 1-month low

LONDON Mon Dec 3, 2012 3:10pm IST

LONDON Dec 3 (Reuters) - The euro rose to a six-week high against the dollar on Monday as investors unwound short bets on falling peripheral euro zone bond yields and on signs Germany may be open to a Greek debt write-down.

The euro's gains drove the dollar index to a one-month low of 79.918, down 0.3 percent on the day.

The euro rose to $1.3049 on trading platform EBS with offers cited above $1.3050/60.

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After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.

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