The euro is outperforming today, posting gains against the dollar, yen, sterling, and even the Swiss franc. The shared currency got a boost by a Reuters exclusive citing five unnamed ECB governors that said that "many governors" are "sceptical about the need for further policy action" in the near term, despite sinking inflation expectations. This follows the disappointing size of measures taken by the ECB at the Dec-3 meeting. EUR-USD rallied to a four-day high of 1.0942. The yen traded firmer.
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