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Wednesday 30 September 2009

forex news - EURUSD

forex news - EURUSD

The Euro-Zone current account shortfall dropped to 6.4B from an improved reading of 8.8B consequently of cheaper energy prices. The breakdown of the report indicated that the services balance marked a 2.8B excess, whilst the revenue and transfer balance shortfall heaved to 9.7B from 6.6B in September. In spite of the minor advance in the recent account, trade situations are probable to worsen more as requirement from home and abroad weaken

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