Euro hits 2-year high on view of enduring Fed stimulus

Reuters

SINGAPORE, Oct 23 (Reuters) - The euro set a fresh two-yearhigh versus the dollar on Wednesday, in the wake ofdisappointing U.S. jobs data that cemented expectations that theFederal Reserve will keep its stimulus in place at least untilearly next year.

The euro rose above the previous day's peak of $1.3792 andtouched a high of $1.3793 on trading platform EBS, its highestlevel since November 2011. The single currency last stood at$1.3792, up 0.1 percent on the day.

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