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US: Existing Home Sales decrease to 5.05M in August

FXStreet (Łódź) - US Existing Home Sales were at 5.05M in August, down from 5.14M in July the National Association of Realtors informed on Monday. Analysts projected a 5.20M result.

This is a change of -1.8% from last month and against +1% expected.

ECB's Draghi: Governing Council ready to use additional policy tools

Giving his quarterly testimony before the Committee on Economic and Monetary Affairs of the EU Parliament in Brussels, ECB head Mario Draghi stressed that the Eurozone economic recovery has been slowing down of late and that risks are tilted to the downside.
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EUR/USD hits fresh lows after Draghi

Following a short-lived recovery, EUR/USD came under renewed pressure and fell to fresh 14-month lows after Draghi’s speech before the Committee on Economic and Monetary Affairs of the European Parliament.
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