LONDON: The euro rose to a six-week high against the dollar on Tuesday, extending the previous day's rise on positive news on Greece and Spain, with traders reporting real money accounts buying the currency.
The euro rose to $1.3077, just above the previous day's high of $1.3076 and its highest since Oct. 22, according to trading platform EBS. Traders reported stop loss buy orders above $1.3100.
The euro's rise helped push the dollar to a one-month low against a basket of currencies, with its index dropping to 79.761.
