Forex Bazaar

Today, the Euro rose by 0.7 percent versus the US Dollar and went above $1.31 to a 12-week high as the European economic data seemed to be more stable in comparison with the USA.

The greenback also traded lower against the Japanese Yen, the New Zealand and the Australian Dollars, losing 0.7, 0.4, and 1.1 percent respectively.

The Canadian Dollar, however, increased versus the US Dollar but it continued to fall against the Euro.