EUR/USD Lower Ahead Of ECB

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The ECB Governing Council on Thursday will hold its monetary policy meeting in Cyprus. ECB President Mario Draghi will hold a press conference afterwards. The EUR/USD is trading sharply lower Wednesday at 1.1072, down 0.0110. Market chatter about data U.S. due out Friday and the ECB meeting Thursday continues to occupy forex trading. Overnight, France unemployment data will be released. Italy's final GDP data for the fourth quarter is due out.
Posted In: FuturesForexMarkets
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