Christopher Nye
on December 31st, 2019 The euro reached a four and a half month high against the dollar yesterday as US-China trade war optimism weakened the greenback. China’s central bank unveiled a measure to help lower borrowing costs and boost economic growth, knocking the demand for dollars.
Some signs that the Eurozone economy could be turning a corner have also boosted the single currency in recent weeks, including better than expected Balance of Trade figures.
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