Posted by Chris Advincula on Fri, May 22, 2015 @ 06:10 AM
The euro gained 76 points in Europe to test a high of 1.1208 from 1.1132. It initially gained some ground from Germany’s 1st Qtr GDP remaining unrevised at +0.3%, then Germany’s May IFO numbers were better than expected. Then Greece’s Prime Minister said they see a reform deal with its creditors in the next 10 days (10:10 GMT) and as the dollar declines.
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