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Euro Hits 1-Year Low On Spain Downgrade; FOMC Unchanged

posted by Avatar FXTimes 759 days ago in EUR, Fundamental, Daily

The Euro suffered another round of selling as Standard & Poor’s followed up its downgrade of Greece and Portugal yesterday with a downgrade to Spain’s credit rating. That pressured the Euro, though risk sensitive currencies like the Aussie and Loonie managed to gain on today’s session. The FOMC upped its outlook for the economy but kept its pledge
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