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07-04-12, 13:08 #1
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ECB leaves interest rates at 1% but Euro slides as Draghi warns of downside risks
The ECB today left interest rates on hold as expected, but ECB President Draghi warned of downside risks to Eurozone growth and less concern about inflation, thus signalling a further slide in the Euro as loose monetary policy remains in place. EURUSD has been down to 3-week lows of 1.3107, EURGBP has fallen through 0.8290 [...]
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