Euro extends gains versus dollar, hits session high
NEW YORK Jan 31 (Reuters) - 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.
- Tweet this
- Share this
- Digg this
India could allow commercial coal mining by foreign companies if they set up units in the country, opening the door for global giants like Rio Tinto to access the world's fifth largest coal reserves, a source familiar with the matter said. Full Article