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Germany Contracts, Adding To Euro Problems

posted by Avatar forexalliancecom 497 days ago in EUR, Special, GDP made popular 497 days ago

In a not so surprising fashion, economic reports out of Germany showed that the region’s largest economy actually contracted in the fourth quarter – dragging the annualized figure below what had been anticipated. The results are suppressing euro gains in the mid week session – keeping the single currency hovering the 1.2700 exchange rate.
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