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OPEC’s El Bardi: Concerned about euro

Jamie Coleman
26/01/2011 | 16:04 GMT
  • Will intervene if oil price goes out of control
  • All growth coming from developing world

EUR/USD has eased off of high seen at 1.3700 after a bump up in US deficit forecasts by the CBO, hawkish comments from Quaden and Asian central bank buying. We’re now at 1.3685.

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