The euro rose today as the equities gained, increasing the willingness to risk among the investors and improving the general sentiment on the markets.
The Stoxx Europe 600 Index rose for the first day in more than a week. The outlook for the euro remains pessimistic, though, as the European Central Bank continues to buy the government bonds to aid the European economy, prompting the traders to think that the shared 16-nation currency may reach parity with the greenback.
EUR/USD traded near 1.2583 as of 10:05 GMT today after it opened at 1.2538. EUR/JPY traded at 110.66 after opening at 110.02.
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