Dollar falls from 14-year high as data boosts euro
The strong move triggered some profit-taking on Wednesday, said Kathy Lien, managing director at BK Asset Management, but she noted its impact should not be overestimated. "Slowly, you’re getting more of a return to normal trading conditions and when that happens you tend to have a bit more two-way action." The euro climbed 0.7 percent to $1.0475, boosted by data showing euro zone prices rose more quickly than expected in December and surveys suggesting business growth reached its highest
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