Euro drops as Bundesbank supports ECB's easing

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Source: Reuters
The 18-nation bloc currency dropped on Tuesday trading session falling towards the weakest level in a month versus the U.S. Dollar after a government report showed signaled that Bundesbank would back the ECB's monetary easing in order to support the economy. The Euro decreased as much as 0.4% to $1.3700, the least since April 7.

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Tue, 13 May 2014 15:02:06 GMT

Swedish Crown rises versus Euro on inflation data

The Swedish Crown increased on Tuesday rising against the euro-area currency after a report showed that inflation in the country accelerated by more than economists originally expected and on speculation that the ECB may add more stimulus soon. The Euro slipped 0.5% to 8.9935 Swedish crowns before trading at 9.0420.

Tue, 13 May 2014 14:40:04 GMT

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