Austria Industrial Production (YoY) remains unchanged at 0.8% in April

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EUR/USD drops to 1.1182 after German data

The EUR/USD pair extended losses to hit a low of 1.1182 in the early European session, as the german consumer confidence data dropped in the wake of Greek impasse.
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Important gaps remain in the EU-Greece debt talks – DB

Jim Reid, Analyst at Deutsche Bank, reviewed the recent events in the Greek front...
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