Euro stands tall as investors bet recovery hampers dollar, stocks up – ZAWYA

Euro stands tall as investors bet recovery hampers dollar, stocks up – ZAWYA

euro stands tall as investors bet recovery hampers dollar, stocks up virus surge stalls aussie stocks    arrangement of various world currencies including chinese yuan, us dollar, euro, british pound, in this picture illustration taken january 25, 2011. singapore/new york: the euro stood at an 18-month high, silver soared and commodities forged ahead on wednesday, as economic recovery hopes drove bets on rebounding world demand and a falling u.s. dollar.stock markets in asia ground higher, except in australia where a surge in coronavirus infections put pressure on bank and travel shares and the benchmark index .axjo fell 1%. s&p 500 stock futures esc1 advanced 0.4% in line with the relatively positive mood.the euro's rally was triggered by european union leaders striking a deal for a region-wide rescue plan, a huge step toward both recovery and a stronger union.  singapore/new york: the euro stood at an 18-month high, silver soared and commodities forged ahead on wednesday, as economic recovery hopes drove bets on rebounding world demand and a falling u.s. dollar.the euro's rally was triggered by european union leaders striking a deal for a region-wide rescue plan, a huge step toward both recovery and a stronger union. the common currency surged to