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Euro on the brink of a breakout ahead of ECB meeting next week
After a brief wobble, the euro has started to strengthen once more. This comes as key monetary policy meetings for both the ECB and Federal Reserve start to come into view. The expectation is growing that the ECB will make a key announcement in its meeting next Thursday to end its forward guidance of potentially moving to even easier monetary policy. This would mark a key sea change in the move towards normalisation of monetary policy. The euro is subsequently back on the brink of a move to its highest level since the day Donald Trump was named as the President. This comes as the Fed is likely to also tighten with ... (full story)
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