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ForexTradeGains.com – Market Update: Germany Unemployment Up

 Forex Trade Market Update
Germany Unemployment Up 

                                   

May 2, 2012
Currencies and equities are trading lower this morning following weaker data from the U.S. and Europe. The next 2 days will be exceptionally busy in the foreign exchange market with the ECB meeting and non-farm payrolls on the calendar. For only the second time in 15 months, Germany experienced an increase in unemployment. PMI numbers were also revised sharply lower due to a deeper pullback in Italian manufacturing activity.

Reading:
Currency Trading For Dummies
An Introduction to Forex Trading – A Guide for Beginners

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