The euro and commodity currencies edged higher on Wednesday as hopes that European banks will take up a large offer of cheap three-year cash from the European Central Bank bolstered risk appetite. The euro inched up 0.1 percent to $1.3476, having climbed 0.5 percent on Tuesday. It held near a 2- month peak around $1.3486 set on Friday and was on track to end the month up 3 percent, its best performance since October. The Australian dollar rose 0.4 percent to $1.0813, nearing a six-month high of $1.0845 hit in early February "Given the expectation we will see a generally healthy take up in the LTRO, it should keep ... (full story)