Taper light may be what’s in store in September based on data and trading action

Common sense – given certain looming events – says the Fed will begin their tapering program in September, but will do so gently just for the sake of getting it started.
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EUR/USD higher in early Europe after rising on Friday but still gets no love from ECB

FXstreet.com (Athens): The EUR/USD opened higher in Asia and still moving upwards on early Europe, but confined in a tight range.
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