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Euro Erases Friday's Losses as Risk Appetite Returns on PBOC Hold, Tax Cuts

From dailyfx.com

The People’s Bank of China refraining from tightening rates and the expected approval of U.S. tax cuts have fostered a return of risk appetite and helped the Euro looking to erase Friday’s losses. An empty economic docket will likely leave currency markets in the hands of broader trends which is shaping up to be a positive start to the week as easing concerns over Europe and a brighter outlook for growth is fueling optimism. (full story)

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