Euro Advances for Second Day as European Growth Accelerates - by Kim-Mai Cutler and Ron Harui
The euro rose for a second day against the dollar as European economic growth accelerated more than forecast in the third quarter.
The European common currency held gains after Federal Reserve Bank of Dallas President Richard Fisher said U.S. economic growth is slowing and the country's clout in the global economy is diminishing. The euro also climbed against the yen as global stocks rallied, encouraging investors to return to so- called carry trades.
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