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Friday, 27 July 2012

DailyFX - Forex Market News: Euro Benefits From Bond Purchase Talk, USD Looks Higher Ahead Of FOMC

DailyFX - Forex Market News
Forex Market News
Euro Benefits From Bond Purchase Talk, USD Looks Higher Ahead Of FOMC
Jul 27th 2012, 12:45

The Euro continued to gain ground on Friday as European policy makers increased their pledge to tackle the debt crisis, but the relief rally in the EURUSD may be short-lived as the fundamental outlook for the region turns increasingly bleak.

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