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Merkel's comments give euro a boost
Published Mon, May 22, 2017 · 09:50 PM
London
THE euro surged in morning trade in Europe on Monday after German leader Angela Merkel pointed to a weak euro and extremely loose monetary policy as causes of Germany's large trade surplus.
The comments played into market speculation that German officials at the European Central Bank may push hard for a tightening of its monetary policy rhetoric and stance this year.
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