April 30, 2012 at 14:40 PM EDT
Spain Enters its Second Recession in Three Years
Friday’s price action in the currencies was all about tight ranges, but if there was any bias, it was to sell dollars, especially after it was announced that the first print (they’ll be revisions coming) of first-quarter US GDP was 2.2%, down from the fourth-quarter’s 3% clip. We edge ever so slightly to the other [...]
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