A declining currency value could be a boon for Europe and a final solution to the ongoing crisis, economists say.
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Euro zone May industry output up 0.6 percent month-on-month
BRUSSELS (Reuters) – Euro zone industrial production increased by 0.6 percent May from the previous month, data from the European Union statistics agency Eurostat showed on Thursday.
Forex Flash: RBA Lowe speech may outline no urgency for further cuts – NAB – NASDAQ
FXstreet.com (Barcelona) – There is a speech to economists in Melbourne by RBA deputy governor Philip Lowe, scheduled for 23GMT, most likely to set the early tone in local AUD markets today. “With markets still ascribing greater than 50% odds to …