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Euro gets some respite from rebound in German business sentiment
Euro gets some respite from rebound in German business sentiment

By Jemima Kelly LONDON (Reuters) - The euro inched up against the dollar on Monday after a stronger-than-expected German business survey offered some respite, though it stayed close to a two-year low on bets of more easing in the euro zone. A monthly business climate index rebounded in November, in a sign Europe's largest economy is gaining momentum after narrowly avoiding a recession in the third quarter. The euro gained 0.2 percent to trade at $1.24110 , having earlier traded as low as $1.2359, within a whisker of a two-year low hit earlier in the month. On Friday European Central Bank chief Mario Draghi threw the door open for more drastic measures as he stressed that...

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