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Euro Tumbles as Pressure Builds on Greece

posted by Avatar fx360 1234 days ago in EUR, Daily made popular 1234 days ago

Jurgen Stark a member of the ECB’s Executive Board stated emphatically that the EU will not save Greece, triggering a massive selloff in the EUR/USD which tumbled more than 50 points below the 1.4300 level within minutes of the news. Mr. Stark noted that a liquidity injection would have negative consequences for European stock markets and also
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