Monday September 28, 2020

Euro rises as Europe expects Yes vote from Ireland

The euro strengthened, climbing from the lowest in almost two years, as polls showed Ireland will back measures to contain the debt crisis in the referendum today.

31st May, 2012
Since its inception in 1999, the euro has traded as low as 82.30 US cents, in 2000, and as high as $1.6038 in July 2008.

The euro strengthened, climbing from the lowest in almost two years, as polls showed Ireland will back measures to contain the debt crisis in the referendum today, boosting confidence in the outlook for the common-currency bloc.

The 17-member currency climbed against 13 of 16 major peers tracked by Bloomberg after a report showed German retail sales increased for a second month. Spanish 10-year bond yields slid from a six-month high. European Central Bank president Mario...

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