The U.S. economic data which is worse than expectation published recently made the investors’s perspective gradually fade out of the eurozone sovereign debt crises turning that to focus on the economic situation in the United States, which led EUR/USD remain wandering around at 1.3000.
The beige book Fed announced on Wednesday showed that overall the U.S economic activity is still growing, but the recovery is not strong. The inflationary pressure is moderate, the economic recovery in minority area lost itsmomentum in the past few weeks.<:bookmark>
By Catherine
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