Headlines were dominated by the ECB’s indication of further easing in June. The sent the euro to as low as 1.3839, following an initial rally to a 2.5 year high of 1.3993. On commodities, crude oil prices softened with the front-month WTI contract losing -0.51% while the Brent crude contract was down -0.08%. Gold declined for a third consecutive day with the benchmark Comex contract slipping -0.09% during the day.
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ECB Members Ready to Act in June
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