The euro is up 0.3 percent in early morning trading in New York today reaching $1.3689 at 8:00 am from $1.3643 at yesterday’s close. With the growing likelihood of a bail-out package being extended to Ireland, risk appetite is on the rise.
Ã¢â‚¬Å“Ireland appears close to an agreement on its bailout, which is positive for sentiment,Ã¢â‚¬Â said Neil Jones, head of European hedge-fund sales at Mizuho Financial Group Inc. in London. Ã¢â‚¬Å“The German economy is powering ahead.Ã¢â‚¬Â
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