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Economic recovery gathers pace in Germany

German economic recovery beats forecasts while EUR/USD slips with the threat of US military action in Syria

By Richard Nehme | Aug. 27, 2013 12:01 BST
Euro continues to benefit from weaker USD
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EUR/USD is slipping lower this morning as concerns mount that the US may take military action against Syria’s government supported safe haven demand. EUR/USD trading to levels of 1.3387 this morning the pair subsequently consolidated at 1.3338, slipping 0.36% [...]

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