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Euro gains on leap in eurozone GDP growth

This article was originally published in Dairy Markets

The euro made widespread gains this week after Tuesday's news that GDP growth across the 13-member eurozone leapt to 0.9% in the last quarter of calendar 2006, sharply up from 0.5% in the third quarter, and much stronger than economists had forecast. The report strengthened expectations that the European Central Bank will raise interest rates again in March.

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