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Euro Extends Drop Against Dollar on German Business Confidence (Bloomberg.com)
Dec. 19 (Bloomberg) — The euro extended its decline against the dollar and the yen after a report showed German business confidence fell more than expected, to the lowest in almost two years.
Business Confidence in Germany Slips (AP via Yahoo! Finance)
Business confidence in Germany slipped more than expected in December, hitting its lowest point since February 2006 only a month after it snapped a six-month decline.
German Business Confidence Drops to Two-Year Low (Update1) (Bloomberg.com)
Dec. 19 (Bloomberg) — German business confidence fell to the lowest in almost two years in December as rising credit costs, higher oil prices and the euro’s appreciation threatened to curb growth in Europe’s largest economy.