Euro rises, dollar falls to weakest levels in two months

The dollar fell in today’s trading to its weakest levels in more than two months, while the European currency, the euro, rose.

The dollar index, which measures the performance of the US currency against a basket of major currencies, fell to its lowest level in more than two months at 106.12 points.

The euro continued its gains to touch its highest level in a month at $1.0528, and reached $1.0512 in the latest trading, up 0.5%.

The pound sterling also rose to its highest level in two months at $1.2690, and the Japanese yen rose to $148.85, its strongest level since early last December.

The Australian dollar rose 0.26% to $0.6376, near its highest level in two and a half months, and the New Zealand dollar rose 0.23% to $0.5755, and the Swiss franc recorded 0.8962 in the latest trading against the dollar.