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German Trade Balance and CPI

Written March 10, 2010 at 2:03 AM EST by John Teister 

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The EUR made a new session low of 1.3576 against the USD after a much worse than expected January trade balance number out of Germany, despite final m/m CPI being slightly better than the prior month. The details of these releases are as follows:

  • Trade Balance - Survey: 14.5B   Actual: 8.0B   Prior: 13.5B
  • Final CPI (m/m) - Survey: 0.2%   Actual: 0.4%   Prior: 0.2%
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