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Super Mario set to drag down the euro?

By Peter Garnham

Short-term moves in EURUSD are likely to depend on the progress of political wrangling over the future of the single currency, but the longer-term outlook is more clouded, given the apparent turnaround in attitude at the European Central Bank.
The move higher in EURUSD in recent days has mainly been driven by short covering, with dealers reporting little interest to put on fresh long positions.

Read the full article now on EuromoneyFXNews

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