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    ECB's Lautenschlaeger: There's no reason for further rate cuts Dhwani Mehta

    European Central Bank (ECB) governing council member, Sabine Lautenschlaeger, crossed the wires via Bloomberg, noting that, “There's no reason for further rate cuts.”Meanwhile, EUR/USD is seen reversing a spike to 1.1185 levels and now reverts towards 1.1150, almost flat on the day.

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