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Daily Video Recap: Euro Rallies as EU Leaders Strike Deal

posted by Avatar FXTimes 1154 days ago in EUR, Fundamental, Sentiment made popular 1154 days ago

A EU-IMF joint back-stop aid package was agreed upon, which would provide loans which could be worth between 20 billion and 22 billion euro. That gave relief to a pressured Euro which rallied in today’s trading. The greenback however still showed strength against commodity currencies like the Aussie as there was a bout of liquidation of Aussie long
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