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Europe faced fresh struggle against deflation in November

Europe faced a fresh struggle against deflation in November as consumer prices across the 28 member states rose at the slowest pace in five years, just 0.3% from year earlier

By Richard Nehme | Dec. 18, 2014 10:46 GMT
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EUR/USD performed like GBP/USD, again opening near the high of 1.2516 but falling in the afternoon to touch a low of 1.2384. The pair corrected before closing at 1.2411 but has opened lower today following the FOMC press conference to trade at 1.2311 [...]

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