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Euro continues slide amid talk of further QE
Published Sun, Jan 11, 2015 · 09:50 PM
DeeperDive is a beta AI feature. Refer to full articles for the facts.
New York
THE euro fell for a fourth week, its longest streak of losses since September, as declining consumer prices backed the case for further monetary stimulus from the European Central Bank.
The US dollar pared a fourth week of gains as traders weighed a US jobs report showing wages declined in December. Speculators boosted wagers on the dollar versus eight of its major peers to a record high before the US releases consumer price data on Jan 16.
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