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EUR/USD ends previous week below 1.1100

There is no certain catalyst to explain this EUR weakness, however uncertainty among financial markets and weak oil prices can go a long way towards justifying the move

By Richard Nehme | Feb. 22, 2016 11:13 GMT
Euro continues to benefit from weaker USD
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EUR/USD pair opened Friday at 1.1073 and traded within a tight range around the 1.1100 level despite positive core CPI figures from the US. The EUR/USD pair ended the week below 1.1100 following a sixth straight day of decline. There is no certain catalyst to explain this EUR weakness, however uncertainty among financial markets and weak oil prices can go a long way towards justifying the move [...]

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