January 29, 2013 / 2:32 PM / in 5 years

Euro erases losses versus dollar, hits session high

NEW YORK, Jan 29 (Reuters) - The euro recouped its losses against the dollar and rose to a session high in early trade on Tuesday.

The euro rose as high as $1.3471, according to Reuters data. It was last at $1.3468, up 0.1 percent on the day.

Upbeat German economic data and signs European banks were on the mend pushed the euro to an 11-month high of $1.3479 on Friday.

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