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Posted by
Two Blokes Jun 14 -
Filed in
Forex
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2 views
The Euro to Dollar exchange rate (EUR/USD) is trading close to 1.14 after failing to hold above the 1.15 level. CIBC notes that the risk of capital outflows from the US has increased, but it expects that there will be more of a steady flow rather than a flood which will limit the extent of dollar losses.
