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Capital Markets

Euro under selling pressure ahead of ECB meet

TOKYO -- The euro has been faltering against the dollar since the beginning of this year, trading in the upper $1.37 range. With the European Central Bank's governing council meeting scheduled for March 6, speculation about additional monetary easing is turning into a source of selling pressure. There is a rumor that negative interest rates could be introduced, but it is not going to be an easy job in view of the precedents.

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