27.06.2013 14:25
YEREVAN, June 27. /ARKA/. The U.S. dollar rose on Wednesday, with the recent push higher supported by expectations that the Federal Reserve will slow down monetary stimulus later this year.
The euro EURUSD +0.18% fell against the dollar, pushing below $1.30 intraday and fetching $1.3004 in recent trade, down from $1.3095 late Tuesday.
The dollar has more room to gain against the euro because of the “diverging growth stories” in the two economies, said John Doyle, director of markets at Tempus Inc.
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