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Euro zone May retail sales weaker than expected

By   || July 3, 2009 at 09:05 GMT
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Euro zone May retail sales have come in at -0.4% m/m, -3.3% y/y, weaker than median forecasts of -0.1% and -2.7% respectively.  The market has taken the disappointing news in it’s stride, EUR/USD presently steady at 1.3995.

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