LiteForex - Analytics

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    EUR/USD: general analysis on 05.06.2015

    The European currency has slightly declined against the American dollar. The lowest price at the trading session was at the level of 1.1169. Euro is under pressure from the decision of ECB to leave interest rate unchanged at the level of 0.05%. According to Mario Draghi, the Bank will continue quantitative easing policy until target inflation level is reached. It is expected that by the end of 2015 inflation can reach 1.8% due to incentive programs and slowdown of the price decline for energy.

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