EUR/USD is trading at 1.1117, down 0.0030. Market talk about Europe and U.S. Economic Data and has kept both buyers and sellers active. The European commission released its economic forecasts overnight. The commission raised GDP estimates to 1.5% versus the previous estimate of 1.3%. The 2016 GDP estimate was left unchanged at 1.9 %. Germany's GDP estimate was raised to 1.9% versus the previous estimate of 1.5%
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