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Spanish economic figures are encouraging – Germany’s Schaeuble

FXStreet (Mumbai) - The German finance minister Schaeuble on Tuesday stated that economic figures out of Spain are encouraging, though EU’s Moscovici said yesterday that Spain was at a risk of missing its budget target.

Meanwhile, the European Commission’s (EC) Costello was on the wires stating that the European Union is discussing the scale of a debt relief program from Greece.

He further added that there is a need for Greek debt restricting and that the Greek program has a good chance of success.

AUDUSD: Uncertainties galore – Rabobank

Jane Foley, Research Analyst at Rabobank, suggests that following the RBA’s policy meeting overnight, the AUD is the best performing G10 currency on a 1 day view and even though the Bank’s decision to hold interest rates on hold was expected, the lack of dovish references in its statement caught the market off guard.
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Canada Exports down to $43.95B in August from previous $45.46B

Canada Exports down to $43.95B in August from previous $45.46B
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