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Forex trends: euro slumps after unexpected stagnating of German growth

February 12, 2010 - 5:37am | Articles | Markets
Forex trends: euro slumps after unexpected stagnating of German growth

The single unit showed weakness in early European trading Friday, slumping to a 2-week low against the pound and a 1-week low against the franc shortly after a report showed that Germany’s economic growth unexpectedly stagnated in the fourth quarter of 2009.
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