Fri, 08 Aug 2014 09:13:07 GMT
Euro rises due to geopolitical distresses
The Euro managed to recover from yesterday's plummet, caused by Draghi's speech, which threw the common currency near to its lowest value in nine months. The Euro climbed by 0.27% to 1.3394 against the US Dollar. President Barack Obama approved air strikes in Iraq increasing demand for safe-haven assets.