Euro poised for longest stretch of weekly decline

Source: Bloomberg
The Euro was set for the longest period of weekly drops since June amid prospects for lower interest rates in the currency bloc as data today is expected to show a manufacturing contraction deepened. The Euro gained 0.2% to $1.3078 at 6:05 a.m. in London and has fallen 0.9% this week. It added 0.1% to 121.03 yen, heading for a 1.8% decline since February 22.
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