Monday, December 30, 2013

EUR/USD: Low-Interest Rates Cannot Continue Forever, Indicated Germany Finance Minister

On the macro front in the Euro-zone, retail sales in Spain climbed 1.9% on a seasonally adjusted annual basis in November, compared to a 0.5% fall reported in the earlier month. Additionally, the business confidence index in Italy increased to a reading of 98.2 in December, lesser than market expectation



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