ECB's Nowotny pessimistic on Eurozone recovery

In an interview for the Austrian magazine Format ECB Governing Council member Ewald Nowotny said that he observed a weakening of the Eurozone economy.
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AUD/USD recovers and rises to 0.8750

AUD/USD moved off session lows and climbed to 0.8750. Earlier the pair bottomed at 0.8684, area located a few pips above Wednesday’s lows and then rebounded.
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