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2010.07.2003:21:00UTC+00Euro Soars Against Dollar, Franc And Yen

Tuesday, the euro advanced to a new multi-month high of 1.3021 against the dollar, 4-day high of 113.30 against the yen and a 4-week high of 1.3678 against the franc shortly after the release of the German PPI report for June at 2:00 am ET.

If the euro gains further, it may target 113.4 against the yen, 1.310 against the dollar and 1.404 against the franc.

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