ECB's Nowotny: Eurozone recovery more sluggish than projected

Speaking at an economics conference on Monday, ECB Governing Board member Ewald Nowotny suggested that the Eurozone recovery was not moving at a satisfactory pace and reminded that the inflation rate remained below the central bank's objective of 2%.
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USD/JPY dips below 100.00

The USD/JPY pulled back from 2-month highs Monday as the greenback weakened across the board.
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