US deprecaited against its peers on QE3 speculation

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Source: Forexpros
The USD lost value against its peers starting from July 2, when the IMS manufacturing activity  index decreased below 50. On Tuesday, the EUR  and GBP both added 0.23% and 0.01% against the American currency. Weak manufacturing data spurred speculation about QE3 thus adding pressure on the US currency.
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Wed, 04 Jul 2012 10:15:39 GMT

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