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FOREX-Euro climbs to session high vs the dollar
10 July, 2012 - Reuters
NEW YORK, July 9 (Reuters) - The euro climbed to a session high against the dollar o n Monday in mostly technical trading as it recovered from a two-year low touched earlier in the global session.
The euro may have got some help from European Central Bank President Mario Draghi who kept the door open on Monday to further interest rate cuts, saying the bank would make any decision on further action based on economic data.
The euro was last up 0.2 percent at $1.2312.
(Reporting By Nick Olivari; Editing by Chizu Nomiyama)
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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