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EMU’s growth is still not enough – ECB’s Coeure

FXStreet (Edinburgh) - According to ECB’s B.Coeure, the economic growth in the euro region remains insufficient to create enough jobs, both conditions sine qua non for stability in prices.

EUR/USD remains in the upper-1.1200s, posting meager gains and about to stab 1.13.

Broad based USD weakness extends in Asia, German final CPI eyed

A calmer Asian session, with broad based USD weakness emerging the underlying theme across the FX space. The entire Antipodean complex benefitted as the USD bulls took a back seat. However, USD/JPY remained better bid and consolidates below 121 handle as traders continue to digest a mixed set of data released in the US last session.
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EUR/USD attempting another run towards 1.1300

The EUR/USD pair is seen picking-up pace heading into the early European trades, as the greenback remains broadly weak amid speculations over the delay in the Fed rate hike and on lack-lustre US jobless and import prices data.
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