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It went down to $1.4377, according to Reuters, which is a 0.4 per cent fall since Friday (April 15th).
But the newswire suggested forex trading of the currency could be aided by recent economic statistics, with no member states seeing inflation surpass expectations last month.
Koji Fukaya, director of global foreign exchange research for Credit Suisse Securities in Tokyo, told the news provider: "In the end, I think what it probably boils down to is that there are still some long positions in the euro."
There was further bad news for the euro region on Friday after Moody's Investors Service downgraded Ireland's government debt by two notches.
According to the Wall Street Journal, the coming week could be "directionless" ahead of the upcoming Easter holidays, with several public holidays set to be enjoyed by UK traders.
Posted by Greg Secker








