The Euro was higher versus the U.S. Dollar on German court

On Wednesday, the Euro was traded near a 4-month high versus the Greenback, after the constitutional court in Germany approved the bailout fund, and amid continuing speculations about Fed's further monetary stimulus. The EUR/USD pair hit a 4-month high of 1.2936 and consolidated at 1.2905, which was a 0.40% gain for the U.S. morning trading session.