EUR-USD retreated below 1.0940, and was showing a 0.75% decline on the day and over a 100 pip loss on yesterday's six-week peak. EUR-JPY was showing a 0.6% decline, and EUR-GBP a 0.7% fall. ECB-speak helped the shared currency on its way lower. ECB member Liikanen said that the central bank is ready to use more measures if needed, and his colleague Jazbec said that the ECB will do everything to fulfil its inflation mandate.
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