Euro continues to roll
MARKET NEWS
The euro pushed higher again last week, says Lee Ferridge, head of global currency strategy at Rabobank Group Treasury in London, but this is mainly due to dollar weakness
Another week, another series of highs for the euro -- or more accurately, lows for the dollar. This is an important distinction. While many see the euro’s gains as a sign that the single currency is finally coming of age, it has actually been a passive beneficiary of the recent shift against the dollar. This was neatly
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