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EUR Lifted By Bank Recapitalization Talk, 2 Main Points

posted by Avatar FXTimes 591 days ago in EUR, Fundamental, Sentiment made popular 591 days ago

The euro was stronger today as we had Angela Merkel, the German Chancellor, and Nicolas Sarkozy, French President, conclude a meeting on Sunday and put forth a deadline for recapitalizing the euro zone banking system. While they were were pretty skimpy on details, they set a hard deadline of the November 3 Group of 20 summit as the time they would
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