The euro continues to improve as investors take on a bit more perceived risk; US equities markets have been improving the past hour as well. The common currency is at $1.2801, still lower than the $1.2815 it traded at late Friday but easily off today's low of $1.2770. Market participants have said the euro is likely meander in a relatively tight range 1H this week ahead of a key ruling by a German court about the ESM and the Federal Reserve's upcoming meeting.
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