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Dutch election outlook buoys Euro, Dollar struggles at 1-month low

Dutch election outlook buoys Euro, Dollar struggles at 1-month low

Thursday, March 16, 2017, 11:09 AM

The euro stood tall on Thursday after Dutch election exit polls pointed to a comfortable win by the prime minister over his far-right rival, while the dollar wallowed at a one-month low after the Federal Reserve sounded less hawkish than anticipated on future rate rises. The euro climbed to a five-week high of $1.0746 on Thursday, after surging 1.2 % overnight.
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