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Forex pairs in this Article » EUR/JPY, EUR/USD (Córdoba) - On Wednesday the EURUSD and EURJPY were about to regain pace for a further rise as investors tried to assess the consequences of the G7 statement, according to the UBS analyst team.

"However, ECB head Mario Draghi, capped the rise with statements in the deutsche Bild-Zeitung that were similar to statements made at the press conference last Thursday: A pronounced rise of the euro would significantly hurt the growth outlook in peripheral countries and question their efforts to consolidate their finances", they commented.
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