Forex Flash: EUR/USD continuing to drift modestly higher - BTMU
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EUR/USD
FXstreet.com (Barcelona) - According to Bank of Tokyo-Mitsubishi UFJ's Global Markets Research Team: "The euro is continuing to drift modestly higher against the US dollar following last week's ECB meeting at which President Draghi dampened monetary easing expectations in the near-term," the analysts say.
"An attempt to talk down the euro by Eurogroup Chair Juncker, who meet in the week ahead, will likely only help to dampen upside in the near-term without support from further ECB policy easing," they add.
"An attempt to talk down the euro by Eurogroup Chair Juncker, who meet in the week ahead, will likely only help to dampen upside in the near-term without support from further ECB policy easing," they add.
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