EUR/USD Current price: 1.2725 View Live Chart for the EUR/USD The ECB launched Monday its covered bond purchases, another step to revive the local depressed economy, with a mute market reaction and the news barely hitting the headlines. But mid European morning on Tuesday, some headlines of the ECB being ready to buy bonds from troubled peripheral countries such as Spain and Italy: despite being unfounded rumors and a series of also rumored denials, the EUR/USD sunk setting there the tone for
Reported by FXstreet.com 17 hours ago.
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