Daily Market Updates: Fed and ECB decisions fall a day apart for a Euro under 1.12

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Fed and ECB decisions fall a day apart for a Euro under 1.12

Reported · Written up by our desk · Major Pairs

Germany's Ifo survey beat its forecast on Monday, and EUR/USD was back under its pre-release level by the 11th five-minute bar. Dollar buying ahead of the Federal Open Market Committee (FOMC) meeting, which ends Wednesday, then took it to its lowest since October 15.

Latest closeEUR/USD 1.118 ▼0.4%

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FXStreetFed and ECB decisions fall a day apart for a Euro under 1.12

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Fed and ECB decisions fall a day apart for a Euro under 1.12

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