Euro jumps to 3-week high as risk appetite returns

London

THE euro consolidated gains at a three-week high on Wednesday as investors grew optimistic about the single currency's outlook with growing doubts about the prospects of the US tax plan also underpinning gains.

With growth from the economic bloc exceeding the United States in the third quarter, led by economic powerhouse Germany, investors were becoming more comfortable in holding risky assets in Europe.

"The growth story in Europe is reasserting themselves and we are starting to see some doubts creep in on the prospects of the US tax plan," …