FTSE snaps three day losing streak

The London’s Ftse index snapped a three-day losing streak on the back of the early session strength in the Retail shares, coupled with gains in the mining stocks and Oil stocks.
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EUR/USD hits a new 9-Year Low

The single currency dived against the US dollar, falling to fresh nine-year low levels as the traders view the slide in Euro zone price pressures numbers as a warning signal to European Central Bank officials to step up growth measures promptly.
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