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Daily Forex Analysis from FXCC Nov 16 2012
[b]Daily Forex Analysis from FXCC Nov 16 2012
Eurozone officially in recession Third quarter GDP data for the Eurozone published yesterday revealed that the area has once again slipped into recession. According to Eurostat Q3 GDP was down by 0.1%, which is the second consecutive quarterly decline. Only the German and French economies expanded, both by 0.2%. Martin van Vliet from ING comments: |
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