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Monday, March 26, 2012

Recession concerns could trigger sell-off

  German IFO survey due out today will give an indication  on Euro zone growth prospects. The Yen meanwhile is  lower against  the Dollar and Euro
Earlier today the Dollar was up against the Euro and the  Japanese Yen. The greenback was supported by a rise in  U.S. bond yields. Any further signs of weaker Euro  zone economic activity should assist the Dollar in  sustaining gains against the single currency.

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