German Economy Ministry: Ongoing economic recovery has weakened lately

In its latest monthly report released on Monday, the German Economy Ministry said that the ongoing economic recovery has weakened lately. However, the recovery will likely continue in the remainder of this year.

 

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EUR/USD flirts with 2-day highs near 1.1870 ahead of EMU data

EUR/USD is prolonging the upbeat tone at the beginning of the week and trades close to the 1.1870 level, or 2-day highs. EUR/USD up on prevailing risk
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EUR/GBP retreats further from multi-month tops, slide below mid-0.9200s

The EUR/GBP cross maintained its offered tone through the early European session and was last seen hovering near the lower end of its daily trading ra
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