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Euro Tumbles as Almunia Expresses Concerns

posted by Avatar fx360 863 days ago in USD, EUR made popular 863 days ago

Risk receded in overnight trade after EU Commissioner Juaquin Almunia expressed concerns about the strong euro and UK PMI numbers dipped below the 50 boom/bust level once again. Asked by reporters if he was worried about the strong euro, Mr. Almunia stated, “"Well, recently the euro has appreciated and we will prepare also the position of the euro
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