The Euro (EUR) was subdued on Monday trade, as uncertainty of the Fed QE package weighed on the ability of the single currency to hold its footing above 1.40. The Euro is expected to trade in a range leading up to the FOMC meeting on Wednesday. Overall the EURUSD traded with a low of 1.3863 a high of 1.4011 before closing the day at 1.3879.
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