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Hi Maldowl,The excuse is a poor jobs number in the US - too many...

  1. 677 Posts.
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    Hi Maldowl,

    The excuse is a poor jobs number in the US - too many new government jobs and not enough private sector jobs created for the month of May.

    Secondly, the EURO has fallen below $1.20 support against the greenback on fears that Eastern Block countries are harbouring bad debts that could infect the global banking system.
 
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