Euro gains for third day on high German yields

Source: Bloomberg
© Scanpix/AFP
The Euro gained and continued in its strongest rally since 2009, as a forecast for inflation and economic growth supported yields of government bonds in the Euro Zone and the German 10Y yields increased to the highest level in eight months. After rising 3.2% in the prior two days, the common currency strengthened 0.6% against the Dollar to $1.1341.
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