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Hamburg World Economic Institute

Hamburg World Economic Institute latest

Al Bawaba
June 18th, 2009 - 01:18 GMT

Forex Market Update: EUR/USD Stalls Ahead of 1.4000, British Pound Slumps Following the Plunge in Retail Sales

U.K. retail sales showed a correction in May, with sales down 0.6% m/m, against a median forecast for a 0.4% m/m increase. Sales rose 0.9% m/m in April, underpinned by Easter sales but reversed part
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