Euro gains on speculation Cyprus will reach a deal soon

Note: This section contains information in English only.
Source: Bloomberg
The Euro advanced by 0.7% to $1.2990 at the midday trading session in New York on Friday. The currency reached a 1.30 benchmark for the first time this week, as investors traded positively on speculation that Cyprus is getting closer to an international agreement, which will help to avoid a financial collapse.

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