This article was first published on Orbex Forex Trading Blog.
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EURUSD traded sharply lower over Tuesday this week as the latest growth data added weight to the view that the eurozone’s economic recovery is moderating. The flash GDP estimate for the first quarter came in at 0.4% quarter on quarter and just 2.5% year on year, marking a sharp decline from the prior reading of 2.8% year on year in the last quarter...

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