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RTRS: Euro turns positive vs dollar, hits session highs
 
Aug 10 (Reuters) - The euro turned positive against the U.S. dollar on Friday, hitting session highs in thin trading, as investors bought back the euro zone single currency after it failed to go firmly below the key $1.2240 stop level.

Investors tripped minor stops on the upside, particularly $1.2275-80, which accelerated the euro's advance.

The euro rose as high as $1.2316, with the Australian dollar trimming losses as well to trade just 0.2 percent lower at US$1.0556. Sterling also bounced back, hitting the day's top at $1.5697 and was last at $1.5684, up 0.3 percent.

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