US Malaise Gives Euro Timely Boost
EURO COMMENTARY
It's been another busy week for euro traders. Matthew Clements, economist at Prebon Yamane in London, casts an eye over the key market events
LONDON -- US economic fundamentals helped push the euro more than three big figures higher against the dollar last week with the currency moving past $0.9350 by early London trading Friday.
With the Turkish crisis of the previous week quickly forgotten, market attention turned back to the medium term outlook for the US economy.
On Monday, former Federal
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