Forex | Forex | Euro Gives Up Overnight Gains Following ECB Decision (03/09/2009 23:45:45)

Euro Gives Up Overnight Gains Following ECB Decision

EUR - Sales Down, While Services Sector Close to Expansion Retail sales disappointed forecasts posting a negative reading for July. Sales were down 0.2% as warm weather and summer sales were unable to entice shoppers. The services PMI index rose to 49.9 in August in its final version, an improvement on the preliminary release. The index had registered a 45.7 in July. Augusts figure was the highest level for the index since May 2008, and shows that the sector may finally stop contracting and


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