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Euro rises to four-month high versus dollar before German data
June 18, 2013 / 8:12 AM / 4 years ago

Euro rises to four-month high versus dollar before German data

LONDON, June 18 (Reuters) - The euro rose to a four-month high versus the dollar on Tuesday as market participants positioned for a better-than-expected German ZEW economic sentiment reading at 0900 GMT.

The single currency hit a peak of $1.3391, which was its highest level since Feb. 20. It was last trading up 0.1 percent at $1.3383. Traders cited institutional investors as buyers of the euro.

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