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A look at the day ahead in European and global markets from Tom Westbrook

The Bank of Canada and the Reserve Bank of Australia went large this week - and their currencies fell. Now the euro holds its breath.

Growth concerns are the other side of the coin. However, a "mere" 50 basis points is likely to punish the euro - not ideal either.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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