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Sweden Retail Sales (MoM): 0.7% (January) vs -1.5%

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EUR/USD trims gains, drops to 200-DMA as European stocks rise

The stocks markets in Europe opened higher, establishing risk-on trade and thus pushing the EUR/USD pair back to its 200-DMA located at 1.1047 .
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Sweden Retail Sales (YoY) increased to 4% in January from previous 3.4%

Sweden Retail Sales (YoY) increased to 4% in January from previous 3.4%
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