Euro Launch Proceeds Smoothly: So Far So Good, FX Players Say
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LONDON--The markets breathed a sigh of relief last week as trading in the euro got off to a smooth start. In most cases, traders were reporting that the convergence process had been remarkably trouble free.
Concerns that the rush to adjust systems during the conversion weekend could lead to significant technical problems or even system breakdowns, have so far been proved wrong.
Indeed, some banks, such as Deutsche Bank, CitiGroup and Merrill Lynch, completed the work ahead of schedule and were
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