RSS EUR/USD consolidates despite increasing political woes in Europe – OCBC

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 RSS EUR/USD consolidates despite increasing political woes in Europe – OCBC

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The Euro (EUR) continues to hold steady at around 1.0500 against the US Dollar (USD) despite increasing political uncertainty in Germany, France and a Moody’s rating downgrade on French credit on Friday, OCBC’s FX analysts Frances Cheung and Christopher Wong note.
 
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