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ECB disengages from currency war

The ECB and its president Mario Draghi have so far been conspicuous in not voicing out their trepidation over the euro's sharp appreciation. Unlike in previous episodes of rising euro exchange rate, there's nary a word uttered to jawbone the currency lower.

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Read more: USEuroECBMario DraghiRBNZNew ZealandRBIEurozone GDPAustraliaEuropean Central BankReserve Banks of India