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Euro Dogged By Peripheral Sov. Debt Concerns

posted by Avatar fx360 445 days ago in USD, EUR made popular 445 days ago

Euro came under fresh selling pressure in early morning European trade as sovereign debt fears and profit taking flows continued to weigh on the unit for the second day in a row. After failing to hold the 1.4000 figure in yesterday’s North American session the EUR/USD broke below 1.3950 hitting a low of 1.3922 as currency traders once again turned
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