Euro extends gains, nears $1.32 in thin trade

NEW YORK (BestGrowthStock) – The euro extended gains against the dollar on Wednesday, rising to a session peak near $1.32 in extremely thin trade.

The euro rose after overnight trading did not push it below its 200-day moving average at $1.3084. It added to its gains around as London trading wound down, hitting a session peak of $1.3199 before easing to $1.3182, up about 0.5 percent.

Traders said light volume exaggerated the move.

(Reporting by Steven C. Johnson; Editing by Padraic Cassidy)

Euro extends gains, nears $1.32 in thin trade