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CURRENCIES

Merkel's comments give euro a boost

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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.

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

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