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Fed’s Rosengren urges tightening of broker-dealer regulation

Boston Fed chief President Eric Rosengren said on Wednesday that regulation concerning the supervision of broker-dealer operations should be made tougher by raising capital requirements for firms which conduct a considerable amount of such operations.
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EUR/USD fails to hold above 1.3400

The EUR/USD failed to hold above the 1.3400 level and pulled back half of its post US retail sales rally.
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