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Euro at pivotal point The headline Euro-zone inflation data recoded a further increase to 3.5% from 3.2% the previous month. The increase in prices will maintain serious ECB concerns over inflation and the bank will want to retain a restrictive monetary policy. While the Euro-zone economy appears to be holding relatively firm, the ECB stance will continue to support the Euro with hopes that the Euro-zone can de-couple from the US deterioration. There are, however, still serious risks to this Read More...
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