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The euro climbed to a four month high on Tuesday after data showed that German investor sentiment rose for the second month in a row in June. The common currency has remained strong at $1.33 ahead of the US Federal Reserve meeting at which US central bankers are expected to determine whether or not to continue with their quantitative easing plan.
The German ZEW survey showed that the nation's economic sentiment increased from 36.4 in May to 38.5 in June. According to
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