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Germany considering cutting its 2013 growth forecast from 1% – Deputy Economy Minister

Germany considering cutting its 2013 growth forecast from 1% – Deputy Economy Minister

News
Gerry Davies
18/12/2012 | 10:47 GMT

Tells Reuters.

  • Expects German economy to shrink in fourth quarter of 2012

EUR/USD at 1.3183 having been as high as 1.3190 after BIS seen buying in low 1.3170s.

Buy orders clustered 1.3140/50, sell stops below. Sell orders clustered 1.3190/00 ahead of 1.3200 barrier option interest. Talk of buy stops through 1.3205.

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