Financial Times FT.com

Euro advances amid return to growth

By Peter Garnham

Published: August 13 2009 10:53 | Last updated: August 13 2009 22:59

The euro advanced against the dollar yesterday after the eurozone’s two largest economies reported surprise returns to growth in the second quarter.

Both Germany and France recorded growth of 0.3 per cent in the second three months of the year, outstripping forecasts for falls of 0.2 per cent and 0.3 per cent, respectively.

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