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Posted by
Two Blokes May 12 -
Filed in
Forex
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4 views
EUR/USD is retreating from gains posted in the previous session, trading near 1.1240 during Monday's Asian session. The Euro (EUR) faces pressure as European Central Bank (ECB) official Olli Rehn indicated last week that the ECB may consider cutting interest rates at its next meeting—provided upcoming forecasts confirm a continued disinflation trend and slowing economic growth.
