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Euro kicks off the week lower

The EURUSD pair rose 0.04 against the dollar to 1.1602 by the close on Friday, October 15. Gains in the pair were capped at 1.1620. Buyers came under pressure from a decline in the EURGBP cross pair amid statements by Pierre Wunsch and Christine Lagarde, then during the North American session after US retail sales came in stronger than expected.

 

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