EURO Remains Heavy – Video Analysis

EURO Remains Heavy – The euro has remained heavy in the wake of the ECB’s dovish guidance yesterday. EURUSD clocked a fresh three-month low at 1.1624 during pre-Europe trading in Asia, bringing the cumulative decline since the central bank’s announcement to 1.6%. Market attention today will turn to the political front in Spain. Elsewhere, the dollar has been trading firmer. Aside from the gains against the euro.

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Stuart Cowell

Senior Market Analyst


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