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Stronger dollar is ‘normal’ – Fed’s Evans

FXStreet (Edinburgh) - Chicago Fed President Charles Evans has deemed as ‘normal’ a stronger dollar following October’s Payrolls, adding that it shows confidence in the US economy.

Furthermore, while he would prefer a later rate hike, he won’t dissent against a lift-off next month.

ECB looking for a deposit rate cut in December – Livesquawk

The Livesquawk is reporting “sources” stating that the European Central Bank (ECB) is looking at the deposit rate cut move in December as opposed to the market expectation of more QE.
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EUR/USD off highs on ECB deposit rate cut talk

The common currency was hit with fresh offers, pushing the EUR/USD pair to 1.0758 from the near 1.08 levels after reports hit wires that the ECB is considering a deposit rate cut in December.
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