Thursday, December 6, 2012

EUR out of steam

Data/Event Risks EUR: Plenty of economic event risk today, with eurozone GDP at 10:00, German factory orders at 11:00, and the ECB announcement at 12:45 (followed by press conference at 13:30). GDP the most important, as it may affirm that the eurozone is in a deeper recession than expected. If so, euro may retreat further.
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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