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 Euro ekes out more gains

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Euro ekes out more gains Empty
PostSubject: Euro ekes out more gains   Euro ekes out more gains Icon_minitimeMon Jan 28, 2013 10:28 am

Euro ekes out more gains

The euro profited from a strong IFO business sentiment survey and from a much higher than expected repayment of LTRO borrowing by the banks. However, EUR/USD stopped short of testing a key resistance area. EUR/GBP on the contrary set a new rally high, helped by weaker UK Q4 growth.

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