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Forex in 60 Seconds - FX Traders Ready For The Long Weekend, Growth Numbers Top Event Risk Next Week

Friday, 23 May 2008 21:22:56 GMT

Written by John Kicklighter, Currency Analyst

 ·          Euro Zone PMI figures counter 1Q GDP, show slowest rate of growth in five years.
 ·          No revision to headline UK growth figures, yet consumer spending charges to 8 year high and business investment to a 4 year low.

Stories to watch on DailyFX

·          Is the future of the carry trade still inextricably tied to broad risk trends or are traders growing more selective?
·          Market participants hold their breath as the future of Libor and its influence on FX is decided.

We love feedback! Send any comments or suggestions to jkicklighter@dailyfx.com.

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