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Thursday, January 18, 2007

EUR/USD: Germany Says Will Raise Growth Forecast

EUR/USD is getting a boost from a headline on Dow Jones that Germany will boost its 2007 GDP forecast. Earlier this week the Economics Minister said growth would be between 1.5 and 2.0%, down from 2.5% in 2006. EUR/USD is bumping up against sellers in the 1.2950 area again.

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