Li Keqiang's India Visit
Chinese Premier Li Keqiang, smiling and effusive, was out to smooth ruffled feathers in India this week, promising to ease tensions and increase trade between Asia's fastest growing economies in his first trip overseas since taking office. Full Article | Slideshow
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Euro breaks above resistance, hits 14-month high
NEW YORK |
NEW YORK Jan 29 (Reuters) - The euro extended gains versus the dollar on Tuesday, breaking above key resistance to hit a 14-month high.
The euro rose as high as $1.3490 according to Reuters data, the highest since Dec. 2, 2011. It was last at $1.3481, up 0.2 percent on the day.
It rose above major resistance at $1.3486, its 2012 high. Next key targets include $1.3492, the 50 percent retracement from the high in May 2011 to the low in July 2012 and the psychologically important $1.35 level, traders said.
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