Euro stays firm as inflation eases

Source: Reuters
The European currency held firm on Monday trading session and traded near its long-term highs versus the U.S. Dollar after a government report showed that inflation in the 18-ation bloc declined last month suggesting that the ECB may loosen its monetary policy. The Euro dropped 0.2% ti $1.3889 and it was seen near two-and-a-half year high at $1.3967.

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