Why is the euro so strong when the euro area's economy is barely out of recession?
The question puzzles experts and unnerves Europe's political and business leaders. It should scare the U.S., too, because a return to recession for one of its biggest export markets would drag down the tentative recovery.
Since September, as the U.S. economy clearly outperformed Europe's, the euro has increased its value by more than 4 percent, to $1.3759 on Tuesday from $1.3192.
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