The Euro halted its relentless climb on Friday but prepares for the best quarter in almost 7 years amid the rising pressure of the ECB mulling over the policy exit.
The common currency jumped more than 1% after Mario Draghi speech at the ECB forum, which confirmed the hopes that regulators will announce the ideas of shrinking the balance sheet already in September.
Comments of the BoE governor Mark Carney and two senior officials of the Bank of Canada on Wednesday strengthened the expectations that the central banks will raise rates putting pressure on the Dollar.
Dollar index tumbled to the lowest levels of nine months against a basket of major counterparts, as the focus shifted to the policy tightening in Europe and Canada amid the doubts that the FED will raise the rate third time before the end of this year.
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