Sunday, December 25, 2011

The euro, its highest level against the dollar during the session

The euro, its highest level against the dollar during the session

The euro rose to session highs against the dollar Thursday after the rise in stock prices, which indicated the existence of demand for assets that involve risks, while traders also pointed to the existence of demand from investors in the Middle East.

The euro rose more than half a percent during the day to 1.3120 dollars, according to data from any electronic trading platform. Me. S.. This came after European stocks rose about one percent.

The dollar index fell 0.4 percent, its lowest level during the session at 79.646 and market participants said that the movement of the euro and other currencies inflated because of poor trading ahead of the holiday season.


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