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Sterling Uncertain Versus Other Majors Wednesday Morning
The sterling barely budged versus most other majors currencies Wednesday morning in New York as traders digested a slew of economic data from the UK.
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BoJ Says Economic Growth Likely To Remain Sluggish
Wednesday, the Bank of Japan, or BoJ, released its monthly economic assessment report for August. Elsewhere, a report from the Bank of Korea showed that inflation in South Korea will remain at a higher level for a considerable period. 5
Euro Declines as German Ministry Says Economy Deteriorates
The euro fell against the dollar to near the lowest level in six months as Germany's Economy Ministry said the outlook for Europe's largest economy has deteriorated even beyond the second quarter. 5
BoJ Retains Key Interest Rate; Says Economic Growth Slow
The Bank of Japan's Board of Governors voted to leave the overnight call rate unchanged at 0.50% for the 21st consecutive meeting at the conclusion of its two-day monetary policy meeting in Tokyo. In a move that was widely expected, the board vot 8
Sluggish growth, inflation to persist: Fed's Evans
Slow economic growth and elevated inflation will probably continue until 2010, Chicago Federal Reserve President Charles Evans said Friday. 5
Canada's Flaherty sees no recession this year
Canadian Finance Minister Jim Flaherty said he expects solid economic growth this year, despite signs the country was on the brink of a recession in the first half. 5
Dollar posts 5th weekly gain verus euro
The U.S. dollar jumped to a six-month high against the euro on Friday, buoyed by another drop in oil prices and growing views the U.S. economic slowdown may be bottoming while growth in the euro zone stalls. 5
Recession Looming Over Eurozone
Confirming the economic slowdown across Europe, preliminary data showed that major economies in the region contracted in the second quarter, indicating that some may struggle hard to avoid a recession during the rest of the year. 
