Euro hits three-month high, Italy's bonds rally as ECB ramps up stimulus
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LONDON (Reuters) - The euro rallied to a three-month high and Italy's borrowing costs tumbled on Thursday, after the European Central Bank ramped up stimulus to shore up an economy ravaged by the coronavirus pandemic.The ECB said it would increase the size of emergency bond purchases by 600 billion euros to 1.35 trillion euros, more than the 500 billion-euro increase many analysts expected.It added that purchases would run until the end of June 2021, six month longer than originally planned, and..