NEW YORK: The dollar weakened against other major currencies Tuesday as investors grew more willing to take risks amid speculation that the eurozone's debt crisis may be on the mend. The euro surged to $1.2470 around 2100 GMT, up from $1.2342 at the same
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The verbal support of the direct link to Germany has given investors the confidence that Germany is behind the plan and will not do anything to strike it down. However, the only thing that is creating the quiet confidence in the market at the moment is just a rumor...