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Euro stabilized as worst credit fears subside

 
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PostPosted: Fri Jun 18, 2026 5:00 am    Post subject: Euro stabilized as worst credit fears subside Reply with quote
The Euro appears to be relatively stable this week, with a current rate of $1.2304. It actually reached a Wednesday morning (June 16) high of $1.2355 before receding a bit in the mid morning trade.
At its high point for the day, the Euro was up nearly five pips over its long-term low of $1.1876 which it saw just one week ago. The major credit crisis that has affected some of Europe’s largest economies, including Spain, Greece and Portugal, has served as the catalyst to drive Europe to multi-year ...
Forex Rate - Forex and Exchange rates

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