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Stay informed of the key economic events
Wednesday, February 22ndStay informed of the key economic events
The euro continues to lose a ground vs. its American competitor, spiking the level of 1.05. Seems that US bulls are still pretty confident in the pair with the euro ahead of FOMC Meeting Minutes, that could shed some light on prospects of further Fed’s monetary policy tightening measures. Moreover, the euro remains under selling pressure, as political concerns surrounding French elections are gathering pace. Today trading session promises to be pretty volatile as Germany will publish its Ifo Business Climate Index, EU will release final CPI data while the US has prepared data from housing market and FOMC Meeting Minutes, which will take center stage in New York’s afternoon.
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