Euro set for best run since 2017 as $ slumps

The euro is set for its longest stretch of month-to-month positive aspects in eight years, boosted by rising confidence in Europe’s financial prospects and a hunt for options to the slumping greenback. The foreign money is up greater than 3% in June, its sixth month of advances. Those positive aspects have come as the greenback falters, with the Bloomberg Dollar Spot Index close to its lowest stage in additional than three years after once more dipping this week.