EUR/USD approaching ytd high ahead of ECB meeting - Scotiabank

Camilla Sutton, analyst at Scotiabank, notes that even though risks of a rate cut increase with a higher EUR - now that EUR/USD is approaching to its ytd high - she expects no change in policy next Thursday.
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EUR/USD deflates from highs

The shared currency is now easing from session peaks around 1.3950, taking the EUR/USD back to the 1.3935/30 region...
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