Euro continues to depreciate against US Dollar

Note: This section contains information in English only.
Source: WBP Online
Even though the German unemployment rate came below the forecast and economists expect the core inflation to stand at 0.7%, the Euro continues to move lower against the US Dollar. And the bearish trend is likely to persist, according to the BNP Paribas analysts, as the ECB should preserve the dovish rhetoric by leaving the door open for more easing.
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