Daily Fundmamental Recap: ECB Takes Steps to Ease Lending, US Data Mixed

Thursday, Dec 3rd, 2009
Recap: Today's fundamentals included several pieces of data from the Euro-zone including the ECB interest rate meeting, revised 3rd quarter GDP figures and retail sales. From the US, jobless claims surprised on the upside, while the ISM services index fell back into contractionary territory. The Euro gave up some of its overnight gains in NY trading, while the greenback was stronger against the Yen, Pound and Loonie.

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Analyst: Nick Nasad

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