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Spain Fears Send Euro Lower as Bears Consider Retracement

posted by Avatar eToro 401 days ago in EUR, Fundamental, Daily made popular 401 days ago

At the most recent auction of Spanish treasury notes, yields had pushed close to 6%, a level which is deemed psychologically important to investors and which could precipitate a rise to 7%, a level at which is deemed unsustainable by the majority of analysts. While the ECB could embark on another bond purchase spree as they’ve done in the past, the
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