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Draghi faces an impossible task to weaken the euro - and he might not even try
Mario Draghi is facing yet another headache this year as a strong currency threatens to derail his quest to keep prices stable, with many analysts suggesting there's no easy way out for the president of the European Central Bank (ECB). Investors have been flocking to the single currency as the euro zone economy keeps growing and political risks dissipate. However, that could become a problem for the European Central Bank as a stronger currency can mean that European-produced products become pricier and less attractive outside the region. The euro has risen nearly 3 percent against the U.S. dollar since the start of ... (full story)
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