Bloomberg.com: Euro Trades Near Three-Week High Against Dollar as Stocks Rise and unemployment drops in Germany - Andrew MacAskill
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Euro Trades Near Three-Week High Against Dollar as Stocks Rise and unemployment drops in Germany - Andrew MacAskill
The euro traded near a three-week high against the dollar as European stocks advanced for a fourth day and a report showed unemployment declined in Germany, the region’s largest economy. The currency shared by 15 European nations gained versus the Brazilian real and Canadian dollar as every major stock market in the region rose. German unemployment dropped in November, withstanding the worst recession in 12 years. Indian rupee forwards fell on speculation overseas investors will shun the nation’s assets after terrorist attacks in Mumbai prompted regulators to shut markets.
Labels: employment, EU, euro, Germany
