BERLIN -- The euro is showing no sign of running out of steam as it hits new eight-month highs against the dollar, which is being hurt by expectations the Federal Reserve will intervene to bolster the U.S. economy.The euro, used by 16 nations, traded at $1.3980 early Thursday, up from the $1.3968 it bought in late afternoon trading Wednesday in New York.
Euro Hits Eight-Month High vs. Dollar
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