USD/JPY: The pair settled the week lower
EUR/USD The pair settled the week little changed after the sell-off on Friday on the back of reports of an imminent French sovereign rating downgrade caused the pair to surrender vast majority of gains posted earlier in the week. Of note, the ECB kept the benchmark borrowing rate unchanged at 1% and refrained from announcing any new liquidity measures. Less than impressive economic outlook report from Germany, together with reports that Greek debt holders may be asked to accept a haircut of
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