The Euro Emerges as Unlikely Safe Haven

Updated on
  • Greece a distant memory as euro surges on China rout
  • `Stunning' rally troublesome for ECB inflation targets

Safe Havens a Moving Target in Central Bank Market

The notion that the euro could be a haven in times of turmoil seemed preposterous just a few weeks ago. Yet that’s exactly what it’s become as the world gets rocked by everything from devaluations to bear markets in stocks.

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