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EUR/USD Down After Italian Bond Auction

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This post by ForexBlogger has been reprinted from Forex Blog.

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EUR/USD dropped after the Italian debt auction. Italy achieved its target, but the auction was viewed as a negative event by market participants because yields were rising. Most reports from the United States were good, but the federal budget balance posted a huge deficit in February after demonstrating a surplus in the prior …

ForexBlogger @ March 13, 2013

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