Yellen Didn’t Surprise Anyone

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Monday, the German IFO Business Climate was released below expectations and Greece delayed giving its list to the European officials until Tuesday. The general direction of the Euro on the first day of the week was down. EURUSD fell below 1.1300 but closed the day around 1.1350, while EURGBP touched a low of 0.7635. On Tuesday, the European CPI was released and it showed that inflation dropped ...

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