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EUR/USD Falls with German Industrial Production

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This post by ForexBlogger has been reprinted from Forex Blog.

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EUR/USD fell today as the decline of German industrial production added to evidences that the European economy is stalling. (Event A on the chart.) As of now, the currency pair trimmed some of its losses and attempts to rally.

Preliminary nonfarm productivity rose 1.6% in the second quarter from a year ago, in line with forecasts of 1.5%. The drop …

ForexBlogger @ August 8, 2012

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