Excerpt from: GFT Analysts in the News
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| January 24, 2008 | | Euro regains footing on FX market | The euro is gaining against the U.S. dollar in currency trading this morning as worries over an ECB rate cut subside. Reuters reports on the euro in forex trading:
The euro strengthened against the
dollar and yen on Thursday after tough talk on inflation from
European Central Bank policymaker Axel Weber dampened
expectations of a possible near-term interest rate cut. | Topic Tags: currency trading, ECB rate cut, euro forex trading, forex trading, FX market, U.S. dollar currency trading | |
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