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Euro gets respite from German index rebound
Published Mon, Nov 24, 2014 · 09:50 PM
London
THE euro inched up against the US dollar on Monday after a stronger-than-expected German business survey offered some respite, though it stayed close to a two-year low on bets of more easing in the eurozone.
A monthly business climate index rebounded in November, in a sign that Europe's largest economy is gaining momentum after narrowly avoiding a recession in the third quarter.
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