- 2012 GDP outlook 2.5% versus previous 2.9%
- Unemployment seen at 19.4% in 2010 from 19% previously
- Unemployment seen at 18.9% in 2011 from 18.4% previously
EUR/US dipped on the news. Modest buying interest is seen in the 1.2380/85 area now on dips. It trades now at 1.2392.
