The Euro (EUR) fell back on Friday in the US session as the market took profit from the week&rsquo s rally. German CPI was 0.5% as expected but traders are already focusing on Thursday&rsquo s ECB announcement. Overall the EUR/USD traded with a low of 1.3721 and a high of 1.3837 before closing the day around 1.3744 in the New York session. Looking ahead, January Inflation forecast at -0.6% vs. 0.6% previously m/m.
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