Tune in for latest Forex and Currency News: Taken from XE.com

The euro has rallied by 0.5% versus the dollar and yen, and by over 0.6% versus the pound. Eurozone data releases today that include above-forecast German GDP and a rise, albeit sub-forecast, in the November ZEW survey out of Germany, have helped underpin the shared currency. EUR-USD, which has logged a three-week high at 1.1725, has also been aided upward by uncertainties about U.S. tax reform, including concerns it will be more narrow than hitherto hoped, and questions about how the proposed corporate tax rate reduction will be financed.





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