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* Euro needs to clear $1.3500 to extend recovery. * Single currency hovers near 14-month high set on Tuesday. * Yen edges lower, downtrend seen intact. * US GDP and Fed decision loom, could be USD negative. The euro held steady near a 14-month high ...
Automatic spending cuts postponed at the start of the year will go into effect as scheduled in March but "no one" is talking about allowing a U.S. government shutdown, the Republican House of Representatives Budget Committee chairman said on Sunday. ...
The Bank of Japan will not hesitate to ease monetary policy further if risks to the country's economy heighten sharply, a deputy governor said on Wednesday, warning of the potential damage from Europe's simmering debt crisis and the strong yen. The ...