Resistant
DOWN slid the euro again this week, to an eight-week low, in defiance of yet another string of good economic news from Europe. The more the euro area supplies the markets with solid evidence of economic renewal, it seems, the more stubbornly Europe's currency refuses to respond.
This article appeared in the Finance & economics section of the print edition under the headline “Resistant”
From the July 22nd 2000 edition
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