RTRS:Euro rises vs dollar,sterling as PMI data supports
Jan 24 (Reuters) - The euro hit a near three-week high against the dollar and rose close to a four-week peak against sterling on Tuesday, buoyed by better euro zone PMI surveys that raised hopes the currency bloc can avoid slipping into recession.
The single currency rose to $1.3063, its highest level since Jan.4, with traders citing buying by a U.S. investment bank that helped trigger reported stops above $1.3060.
The euro also rose to a fresh high against sterling at 83.90 pence, its strongest in nearly four weeks.
The dollar fell to a six-week low against the Swiss franc of 0.9235 francs on trading platform EBS.
