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Global Markets: Brightening economy sets euro up for strongest quarter since debt crisis

Reuters  |  LONDON 

By Abhinav RamnarayanLONDON (Reuters) - The euro came off yearly highs on Friday but was still set for its strongest quarter in six years as investors piled into the currency on a brightening euro zone economy and its implications for monetary policy in the bloc. The single currency dropped 0.35 percent to trade at $1.1402, but in the April-June quarter the euro has climbed over 7 percent, putting it on track for its biggest quarterly gain since January-March 2011. The euro shot to one-year highs after Tuesday's speech by European Central Bank President Mario Draghi bolstered expectations ...

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First Published: Fri, June 30 2017. 17:14 IST
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