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Euro Surges to Record High after Strong Inflation, Eyes US CPI & Housing

Discussion in 'Forex Daily News & Outlook' started by ActionForex.com, Apr 16, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Euro finally breaks out of recent range against the dollar after Mar HICP final was revised more than expected from 3.3% to 3.6% yoy comparing to expectation of 3.5%. EUR/USD reaches as high as 1.5967 and is set to take on 1.6 psychological resistance. On the other hand, EUR/GBP also...

    complete article here...

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