ECB’s Nowotny: Economic uncertainty in Europe is "growing massively"
From forexlive.com
Expectations for growth prospects in euro zone deteriorating; Growth differences will increase between Northern, Southern member states; Sees negative 2012 growth for most Southern member countries; Anticrisis measures must stay in time for positive change to occur; Sees demand driven inflation under control; EUR/USD has dipped very slightly on the comments, presently at 1.2505. Buy orders seen clustered 1.2480/90, sell stops below there before more buy orders clustered 1.2445/55.
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