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Euro plunges to three-year lows as dollar demand jumps

FILE PHOTO: Illustration photo of U.S. Dollar and Euro notes
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LONDON (Reuters) - The euro plunged to its lowest level in three years on Thursday as demand for dollar funding stayed high despite the recent burst of liquidity injection operations undertaken by central banks around the world.In volatile trading the euro fell 1.6% to $1.0726 per dollar, its lowest since April 2017, as traders rushed to dump euro positions despite a fresh round of stimulus from..
Date Published: Mar 19, 2020
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