The euro rises to 5-week high versus sterling
LONDON Nov 30, (Reuters) - The euro rose to a five week high against the pound on Friday on month-end buying and tracking its rise against the dollar.
The euro rose 0.4 percent to 81.315 pence, its highest level since Oct. 24. Further gains could see it target the October high of 81.65 pence. (Editing by Jessica Mortimer)
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The Nifty will stay in a broad band of 7,800-8,200 with an immediate resistance at around 8,050 levels. One should look to selectively accumulate in sectors such as infrastructure, capital goods, cement, power and metals. The outperforming sectors such as pharma, IT and auto ancillaries could take a breather due to international headwinds, writes Ambareesh Baliga. Full Article
Euro zone risks "relapse into recession" without structural reforms - Draghi. Full Article