On Thursday euro was higher against the U.S. dollar after Spain sold the maximum amount of bonds targeted.
As a result of that actions cost of borrowing held much lower than level reached on bond markets last week, but still dangerously high.
Spanish government auctioned the amount of EUR3.75 billion of bonds, while France auctioned EUR4.5 billion, what met the expectations.
Euro rises during European afternoon trade, with EUR/USD hit 1.3504.
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