Euro ahead to set a weekly drop

Source: Bloomberg
The Euro was traded at $1.3403 in early London trading session on Friday. The major currency pair  is ahead of a 1.7% weekly drop, which is the steepest since July, 2012. Markets were trading negatively after European Central Bank President Mario Draghi announcement that the recent Euro gains may ease inflation and growth, as competitiveness of regional assets decreases.

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