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German Data Leads to Additional Euro Losses

Friday, 25 May 2012 06:20:03 GMT

Disappointing German data sent the euro to fresh lows against the USD during European trading yesterday. In a sign that even the euro-zone's biggest economy was not immune from the region's debt crisis, the German Flash Manufacturing PMI and Ifo Business Climate both came in significantly below expectations. As a result, the EUR/USD dropped as low as 1.2515, close to a two-year low. As we close out the week, traders will want to continue monitoring any developments out of the euro-zone. Any new negative developments could send the common currency below $1.2500 before markets close for the week.

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Market Review 23.5.12

Wednesday, 23 May 2012

Fears of a Greek exit from the euro-zone brought the EUR/USD within range of a four-month low yesterday. Facebook dropped another $2 a share during overnight trading while crude oil is trading below $91 a barrel.

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当前时间: 05/27 22:43 GMT
# 时间 $€£¥ 事件 时期 先前 预测 实际 重要
05/28
00:30JPY+ Household Spending3.4% 2.5% -3
00:30JPY+ Unemployment Rate4.5% 4.5% -1
00:50JPY+ Retail Sales 10.3% 6.2% -3
05/29
07:00CHF+ UBS Consumption Indicator1.22--1
07:00EUR+ German Import Prices0.7% --1
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