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The already-approved (see Tepper) rate cut in Mario Draghi's back pocket may see the light of...

The already-approved (see Tepper) rate cut in Mario Draghi's back pocket may see the light of day soon if the euro continues its run higher. Financial implosion may be off the table, but the EU economy remains in recession, and the euro just broke out to an 8-month high of $1.3210. FXE +0.35%.
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