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EUR/USD - Jittery Markets Digest Spanish Banking Bailout

posted by Avatar forexcrunch 341 days ago in USD, EUR made popular 341 days ago

The markets gave an initial thumbs-up to the weekend announcement of the Spanish bank bailout, but the euphoria quickly evaporated, as EUR/USD plunged almost two cents yesterday (June 11th). This declaration lacks details and the timing shows that it is a move intended to contain possible fallout from the next weeks’s elections in Greece. To add to
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