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ECB's Kazimir: Key information will be in December

European Central Bank (ECB) policymaker and Slovakian central bank Governor Peter Kazimir said on Wednesday that he is not convinced that they should decide on the policy on the basis of one good inflation figure, per Reuters.

"Key information will be in December," Kazimir further added and reiterated that it is important for them to have certainty that they will not have to revise their policy steps later.

Market reaction

These comments failed to trigger a noticeable reaction in EUR/USD. At the time of press, EUR/USD was down 0.22% on the day at 1.0955.

EUR/USD: To trade in a sideways range of 1.0950/1.1000 – UOB Group

The Euro (EUR) is likely to trade in a sideways range of 1.0950/1.1000.
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USD/CAD advances to 1.3675 area, highest since August 19 ahead of FOMC minutes

The USD/CAD pair scales higher for the sixth successive day on Wednesday and climbs to the 1.3670-1.3675 area, or its highest level since August 19 during the first half of the European session amid renewed US Dollar (USD) buying.
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