Euro vs. US Dollar
The Euro ended the week noticeably higher in opposition to the weakened US Dollar, but late-week pullbacks indicated that traders were still hesitant to push it higher than the key 1.5000 mark. A tough week for major corporate revenues offset quite unsatisfactory Euro Zone economic figures, and definitely it looks like that the risk-sensitive Euro has bounced on rallies in broader financial risky asset classes in place of trading off of domestic developments. Worldwide equity indices issued yet another week of gains, and the US Dow Jones manufacturer Average traded higher the expressively considerable 10,000 mark for the first time in nearly a year.
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