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  • Sharper fall in Eurozone retail sales reflects renewed decline in Germany

    From markiteconomics.com

    Markit’s retail PMI® data for the final month of 2012 signalled an ongoing sharp downturn in retail sales in the Eurozone, after accounting for the seasonal boost from festive trading. The Eurozone Retail PMI is a seasonally adjusted indicator of changes in the value of sales at retailers. Any figure greater than 50.0 signals growth compared with one month earlier. The PMI fell from 45.8 in November to 44.5 in December, indicative of a sharp fall in retail sales. The average for Q4 (45.2) is among the lowest for any quarter of the survey’s operation. Moreover, the trend for 2012 (45.5) is the lowest annual ... (full story)

Well, it was about time reality to checks in...
I am waiting for it .
This news somehow got leaked way too earlier...
But impact is amazing....
I'm patiently waiting for it from 6-7 weeks .

"The patient ones should be rewarded..."
  •  Guest
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so waht about euro
At last, Yen is strengthning. Hope it closes all de gaps. Lol!!!
Euro is Downing 1.251
Quoting mrforex8
Euro Droping 1.251
I think you expected so much , if it can get back to 1.30000 before holiday, it is already amazing.
  •  Guest
  • | IP XXX.XXX.99.212
I don't see 1.3000 today; we have 1.3045 as a strong support.
On the other side it's possible the BUYERS are closing their positions. We should wait the American market.
Quoting cubiday
I think you expected so much , if it can get back to 1.30000 before holiday, it is already amazing.
but eur will close today at 1.32xx or higher... coz sooner or later there will solution for fiscal clift
Senator Reid Do Not Agree With Repulic . Breaked the Plan . And Treasury Department will soon start using what it calls "extraordinary measures" to prevent government borrowing from exceeding the legal limit
Quoting mrforex8
Senator Reid Do Not Agree With Repulic . Breaked the Plan . And Treasury Department will soon start using what it calls "extraordinary measures" to prevent government borrowing from exceeding the legal limit
So they will probably need a lot of antifreeze for their printing machines - start looking for shares of a glycerine production company .
Euro Droping 1.251
Quoting mrforex8
Euro Droping 1.251
really wishful thinking, is not supported by any market sentiment.
When Treasury Department will soon start using what it calls "extraordinary measures" to prevent government borrowing from exceeding the legal limit . You Should Know It The End Of Everything
thank God atleast jpy is going to stronger...
Euro will go up when reach 1.31??, by end of today it will go back to 1.32??
whilst the FED consider more QE, the ECB and UK BoE consider more OMT/QE and all 3 are wedded to zero rates we'll have a perpetual state of unreality. The only reason the stock markets have held up is because there's little point in many institutions, pension schemes and investors exiting the marketplace as there's not many other places to get a return above 1% pa on their money. What level would the DJIA be without those measures? 8000? No, there's no sign of a return to reality, this is the new reality.

Quoting michaelpelly
Well, it was about time reality to checks in...
We Should Sell When Senator Reid Do Not Agree With Repulic . Breaked the Plan .
We Should Give Our Shift Key A Break Once In A While And Use It When Appropriate!! Breaked The Plan!!
Quoting mrforex8
We Should Sell When Senator Reid Do Not Agree With Repulic . Breaked the Plan .
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  • Story Stats
  • Posted: Dec 28, 2012 4:12am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 20  /  Views: 4,900
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