NEW YORK Jan 31 The euro rose to a session high versus the dollar in mid-morning trade on Thursday, but an option barrier at $1.36 could cap further gains.
Signs of improvement in the euro zone's economy and banks have lifted the euro in recent weeks.
The euro rose as high as $1.3593 on Reuters data, the highest since November 2011. It was last at $1.3586, up 0.2 percent on the day.
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Two years ago India was a "fragile five" economy growing at 5 percent, facing a severe current account deficit and the rupee at record lows as the U.S. Fed Reserve prepared to taper its stimulus programme. Today, two years into the term of RBI Governor Raghuram Rajan, India is set to confidently face the Fed's first rate rise since 2006. Full Article