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Euros To US Dollars

Euros to US dollars traded within a tight range yesterday.

Headlines from Russia suggesting there was little desire to use militarily action in Ukraine helped ease market concerns and helped support the Euro exchange rates yesterday. Headline risks remain but for today, in the absence of any negative news, we expect Euros to US Dollars to remain range bound ahead of tomorrow’s ECB meeting; the data released today look unlikely to be major market movers.

 

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