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TD on the European Central Bank – no major surprise. Now pessimistic on euro.

Analysts at TD are, pretty much like the market, shrugging off the European Central Bank on Thursday:

TD says there was no surprise from the ECB and that it took US data move the euro.

TD add, though, they cannot be optimistic on the EUR, citing fragmentation risks, lack of Eurozone economic growth.

Certainly growth is problematic:

More on the ECB here:

This article was written by Eamonn Sheridan at www.forexlive.com.

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