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Forex Analysis: The yen keeps growing leaving 121.50 behind

Forex Analysis: The yen keeps growing leaving 121.50 behind

The yen keeps growing leaving 121.50 behind

08 December 2014, EUR/USD

Euro

The euro has fallen against the dollar and other majors at the end of the last week. The statistics plans to announce the October Germany manufacturing sector orders dynamics, the forecasts expect growth by 0.5% m/m after the previous 0.8% m/m. We are interested as well in the second euro area GDP assessment for the third quarter – the changes of the initial results that showed + 0.2% q/q and 0.8% y/y.

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