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23.09.10
The US stocks dropped today because of the weak employment figures which confirm that US job market is not in a good condition. The number of claims for unemployment benefits increased.
Today the Oil prices are lower than yesterday. And this decrease depends on the weak euro which fell after the data of purchasing managers indexes have been released.
Regardless of negative unemployment figures in US, the GBP/USD is still under 1.5700.
Jean-Claude Trichet mentions that European Central Bank is ready to take all necessary and unconventional measures in order to avoid the double dip recession.
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