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EURUSD Surges Above 1.14 As EU Inflation Expectations Tumble To Lowest Since Q€

Draghi, we have a problem. EURUSD is back above 1.14 - having retraced over half the post-Q€ collapse. More troubling though - and the entire raison d'etre of Q€ (according to officials) - forward inflation expectations are now dramatically lower than pre Q€ levels...