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Euro: More Reasons to be Hawkish

Jul 1, 2008
Story Timeline:  140 days

Written by Kathy Lien, Chief Strategist The Euro remains firm ahead of the ECB meeting on Thursday. Yesterday, the June consumer price index estimate came in at 4% double the central bank’s 2% inflation target. Today, reported strong consumer spending and the lowest unemployment rate in 14 years. Manufacturing sector PMI for the Eurozone was also revised higher in the month of June due to stronger... [read full story]                    

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