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Daily Archives: August 2, 2011
EUR/USD: Euro tumbles as weak data spurs risk aversion, trading marginally higher this morning
For the 24 hours to 23:00 GMT, EUR declined 0.77% against the USD and closed at 1.4259, amid lingering concerns about economic recovery and sovereign debt problems. In the economic news, the manufacturing Purchasing Managers Index (PMI) in the Euro … Continue reading
Posted in EUR/USD
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