Euros strong year
January 6, 2005
Euros strong year
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The euro, a currency that has always been keen to be seen to be a strong investment, got more than it wished for with a year that saw record highs against the US dollar towards the end of the year.
While the Whitehouse was happy to see their currency devalued to tackle the deficit and employment in manufacturing, European Union leaders voiced their concern at what they saw as a growing threat to their own export-driven economies.
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