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Excerpt from:  GFT Analysts in the News
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April 01, 2008

Euro Drops in Currency Trading

US Dollar makes gains in forex trading
euro currency trading, euro zone inflation, currency trading FX market, US dollar forex trading, euro US dollar, German retail sales
The euro is falling in currency trading this morning as the US dollar shows some strength. In forex trading, some profit-taking is going on, but with oil prices dropping the US dollar is expected to see some further support.

Additionally, despite rising euro zone inflation figures, the euro is seeing problems in currency trading on the FX market due to German retail sales. CNN Money reports on German retail sales and the euro in currency trading:

The euro fell to a six-day low against the U.S. dollar after figures released earlier today showed an unexpected slump in German retail sales.
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Topic Tags:  currency trading FX market, euro currency trading, euro US dollar, euro zone inflation, German retail sales, US dollar forex trading
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