The EUR weakened again and traded at 1.3314 USD


Good morning from wonderful Hamburg and welcome to our Daily FX Report. After the Congress’ budget supercommittee failed to reach an agreement on reducing the US government deficit, the third rating agency lowered its outlook for the triple-A status of the USA from stable to negative. Nevertheless, we wish you a nice and successful trading day. Market Review – Fundamental Perspective The continuing uncertainty at the global capital markets, and the fear of a global economic slowdown regarding

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