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Euro edges higher as vaccine, recovery hopes lift spirits

Published Mon, Nov 16, 2020 · 09:50 PM

London

THE euro inched higher on Monday, as investors began the week in a relatively upbeat mood after strong economic data from Asia and on hopes for a successful vaccine against Covid-19.

Despite fears of a resurgence of global cases of Covid-19, investors remain hopeful that a working vaccine could rescue the global economy, helping to fuel a rally in stock markets and a rebound in riskier currencies.

The eu…

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