The euro advanced today, extending the yesterday’s rally, after Spain and France auctioned debt and the result of the auction was considered a success.
Banco de España reported that it sold â¬3.75 billion of bonds, achieving its maximum target. The average yield on the
EUR/USD rose from 1.3444 to 1.3476 and EUR/JPY advanced from 104.35 to 104.79 as of 14:42 GMT today.
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