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Euro Lower on dissapointing German GDP

posted by Avatar FiboFX 1107 days ago in EUR, Fundamental, GDP

The Euro is lower against its major counterparts after German first quarter preliminary GDP figures reported worse than forecast. 'The downtrend of the German economy accelerated in the first quarter of 2009 posting the largest decrease since official quarterly results were first published in 1970,' the Federal Statistical Office (Detastis) reporte
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