Euro drops versus majority of peers amid negative deposit rate

Source: Bloomberg
© Scanpix/RS
The Euro depreciated versus most of its peers on Friday declining for the first time in a five-day period versus the so-called greenback after the European Central Bank led by Mario Draghi showed that he is open for negative deposit rate. The Euro slipped by 0.9% to $1.3065 as of 5 p.m. New York time after it advanced 1.3% in last four days.

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