Euro Dollar Rises

Published on in Currency Exchange News by

EUR/USD started the day at $1.2962 but gained ground to $1.3047 after the positive UK CBI and as fears over the economic health of Europe continued to ease.  Risk appetite was boosted as the S&P / Case-Shiller 20-city home price index printed 0.5% in May, higher than consensus forecasts of 0.2% helping the euro and other perceived riskier currencies.

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