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Posted by
Two Blokes 9 hours ago -
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Forex
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The Euro (EUR) extended its decline against the US Dollar on Thursday, weighed down by a stronger Greenback and upbeat US economic data. Robust Retail Sales and a solid Philly Fed Manufacturing reading reinforced the view that the Federal Reserve (Fed) may keep interest rates higher for longer, boosting demand for the US Dollar and weighing on the common currency.
