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Loss of Confidence Surrounding the US Fundamentals

August 12, 2010 | Author

Loss of Confidence Surrounding the US Fundamentals
by Darrell Jobman

EUR/USD Risk appetite faltered in Asian trading on Wednesday and the Euro retreated back towards the 1.31 area against the dollar as confidence in the global economy deteriorated. The US trade deficit for June was sharply worse than expected with a 21-month high of US$49.9bn from a revised US$42….
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