EURO (EUR)

The Euro gained 0.7% against the Dollar after 4 days of consecutive  losses. The Euro may extend its gains against the Euro on growing  evidence Europe is emerging from its worst recession and on reduced  demand for safety after crude oil and U.S. stocks rebounded. The Euro  also gained for an eighth day versus the pound before a European  Consumer confidence report today that is to show the world's largest  economy contracted less than economists forecast.

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