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EMU: GDP drops 0.6% in Q1

FXstreet.com (Barcelona) - Seasonally adjusted GDP data for the Eurozone revealed a 0.6% decline in the first quarter of 2013, following a 0.6% drop the previous quarter, Eurostat reported on Friday.

EU 1Q Gross Domestic Product s.a. (QoQ) stays unchanged at -0.6%

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Forex Flash: Yen sell off reaccelerates following BoJ action - BTMU

Lee Hardman, FX analyst at the Bank of Tokyo Mitsubishi UFJ notes that during the Asian trading session USD/JPY briefly rose above the 97.00 level after breaking above resistance from the previous trend high of 96.71, recorded on the 12th March.
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