The euro has reached record highs against the dollar yesterday with a value of $1.1933. It surpassed the previous record of $1.1885 reached on the day of the euro's launch in January 1999.
The rise was caused by demand for eurozone government bonds and a lack of objection to the euro's rise by the European Central Bank, a halt to trading in the US for Memorial Day also helped.
The euro has also been underpinned by recent signs that the US government may be relaxing its traditiona...
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