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U.S. Dollar Spikes Up Against European Majors

11/7/2012 8:04 AM ET

The U.S. dollar that reversed its direction against the European major currencies strengthened further in the European session on Wednesday.

The greenback hit near a 2-month high of 0.9470 against the franc, 2-day high of 1.5965 against the pound and a 2-month high of 1.2745 against euro, bouncing back from previous multi-day lows of 0.9383, 1.6045 and 1.2877, respectively.

by RTT Staff Writer

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