Western Union notes:
The euro lost a little ground after strengthening against its U.S. counterpart on Monday. The euro continued to enjoy general support from rising government bond yields in Europe that have made the euro a more alluring bet to the yield-seeker.
The rise in yields has come from signs the bloc's recovery continues to gain traction. In a good sign for second quarter growth, Germany on Monday reported a bigger than expected rise of 0.9 percent in industrial output.
Greece remains a wild card for the euro with the potential to undercut rallies should markets grow more concerned about Athens' ability to strike a deal for more money that for a long time has proven elusive.
Commentary
EUR review
Western Union notes:The euro lost a little ground after strengthening against its U.S. counterpart on Monday. The euro continued to enjoy general support from rising government bond yields in Europe that have made the eu…
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