The euro rallied past the $1.19 mark on Friday, breaking that level viewed as psychologically significant for the first time since late September. The common currency has been gaining momentum all week thanks to supportive economic data, underlined on Friday by better-than-expected German Ifo indicators. The Ifo indexes are a closely watched measure of business sentiment in the eurozone’s largest economy. One euro last bought $1.1918, compared with $1.1850 late Thursday.
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