Euro firms against dollar, yen ahead of central bank meetings - KELO-AM

Euro firms against dollar, yen ahead of central bank meetings - KELO-AM

Source: KELO-AM

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DW NOTE

The euro strengthens ahead of central bank meetings while global oil supply has contracted 6% and the Strait remains blockaded for eight months. The firming has nothing to do with European fundamentals and everything to do with dollar positioning before the Fed holds rates unchanged on Wednesday.

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