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Euro Optimism Gets a Reality Check, as Investors Reevaluate Rate Prospects

Euro Optimism Gets a Reality Check, as Investors Reevaluate Rate Prospects

Euro bulls may have to temper their exuberance after the rush to invest in the single currency, which may have left it vulnerable in the short term, especially given the uncertainties surrounding the interest rate plans of several major central banks. The euro reached its highest level in ten months versus the dollar earlier this…