Little ado about nothing would be an apt title if a Shakespeare-esq play was every written about currency trade on the morning of Dec-31, 2015. Most of the European continent was out, and heavily depleted London markets weren't too interested in trade making. The euro nonetheless traded in thin markets with a heavy tilt. EUR-USD drifted toward 1.0900, while EUR-JPY and other euro cross also ebbed. ECB member Contacio repeated that the central bank can expand policy further if needed, though he would prefer the policy remains steady.
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