“The euro strengthened to a seven- month high against the dollar after a German report showed business confidence improved this month more than economists forecast, boosting demand for the region’s assets.
The 17-nation currency appreciated for an eighth day against the dollar as stocks rose around the world, damping demand for the safety of the greenback. The yen fell to its lowest level since August 2011 against the euro on speculation the Bank of Japan (8301) will expand stimulus at a two-day meeting ending tomorrow. Norway’s krone rose before the central bank announces its monetary policy decision…”
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