BUY EURUSD on setbacks

Review: China Over the weekend the distribution of the economic indicators resulted in a ‘tie’. Industry and retail sales data were strong, but exports (2.9% as compared to the expected 9%) and investments offered nasty surprises. We are particularly concerned about the weak investment level as investments account for about 48% of GDP and therefore they are important to secure economic growth. EU Italy: PM Monti will resign when the budget is approved. This means that a general election will

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BUY EURUSD on setbacks

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