EUR/USD update Jan 7, 2015

The Eurozone is reportedly in deflation land and the Euro is hitting fresh 9 year lows. The ECB may act soon to increase the Eurozone money supply as big parts of the region show negative rates of economic growth. The USD is the king again among major currencies.

EUR/USD, monthly chart:

EURUSD(Monthly)20150107135025

Chart courtesy of Investing.com. http://Investing.com

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