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Italy Business Confidence registered at 103.2, below expectations (103.9) in January

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EUR/USD offered as European stocks erased losses

The recovery in the European stocks despite weakness in oil saw the EUR/USD pair suffer a 30-pip drop to near 1.0850 levels.
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Italy Consumer Confidence registered at 118.9 above expectations (117) in January

Italy Consumer Confidence registered at 118.9 above expectations (117) in January
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