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Greece Debt Crisis Increased, Euro Declining

posted by jasumine 714 days ago in EUR, Trade made popular 714 days ago

Last week, EU and IMF jointly launched out acid plan reaching 750 billion with a purpose to keep stable of Euro. While this [rubber check” with quite large of fund can only relief worries of investors for a short time, which can hardly handle ser

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Oil expected to climb as stock markets, euro revive

posted by megumi 714 days ago in EUR, Oil made popular 714 days ago

Crude oil may rise this week on speculation the euro and equities will advance, signs that the global economy and oil demand will strengthen, a Bloomberg News survey showed.

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Markets exaggerating Eurozone risks

posted by camac 714 days ago in EUR made popular 714 days ago

Financial markets are exaggerating the risks to the Eurozone, which is on an economic recovery path, and to the single currency, European Central Bank policymakers said on Friday.

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The U.S. Dollar’s Bull Market Is Just Getting Started!

posted by mateo 714 days ago in USD made popular 714 days ago

The dollar index has surged 20 percent since last November. And this week, it was sniffing around its 2009 high! That’s pretty impressive, especially given that the 2009 high was driven by an across the board, global flight to the dollar … underp

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US Dollar sheds strength vs rupee

posted by vhinz316 714 days ago in USD made popular 714 days ago

The dollar depreciated against the rupee in the interbank market throughout the week’s trading, dealers said on Saturday. The American currency commenced the week’s trading at Rs 85.34 for buying, decreased seven paisas and closed at Rs 85.27 for

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Bank commission calls for 'profound reform' of banks

posted by peekaboo 714 days ago in GBP, Fundamental made popular 714 days ago

Risk-free "safe haven" accounts guaranteed by the government should be set up as part of a "profound reform of the banking system", an inquiry found.

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Inflation may force Bank to raise rates

posted by vinia 714 days ago in GBP, Inflation made popular 714 days ago

THE Bank of England could be forced to abandon its “highly expansionary” monetary policy — and raise interest rates — in the second half of the year, according to a member of its monetary policy committee.

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Gas prices continue their decline

posted by LosingGain 714 days ago in USD, EUR, Oil made popular 714 days ago

There is also latest news of the slumping euro, which fell to a four-year low against the dollar last week. That also has contributed to plunging prices at the pump, according to AAA.

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Europe's troubles far from over

posted by MonteAmor 714 days ago in EUR, Fundamental made popular 714 days ago

Problems with Greek debt were certainly a catalyst for weakness in bank shares in April, but now it is clear that the problem for Europe is much broader. The financial sector faces its biggest threat since October 2008, but for the European Centr

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Did somebody say ‘decoupling’?

posted by recessionfear 714 days ago in Fundamental made popular 714 days ago

There is a growing worry for investors as they head towards the second half of the year — will governments’ increased appetite for budget cutting knock the nascent global economic recovery off track?

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Market sentiment has been plagued for weeks by worries

posted by MattMcKelly 714 days ago in Fundamental made popular 714 days ago

On Friday, an official said the European Union has reached agreement with Greece on how to move forward with pension reform, while Spain's economy ministry said it has not made and will not make a request for economic aid from the EU.

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Greece Alarmed by Rumors

posted by mayatrades 714 days ago in EUR, Fundamental made popular 714 days ago

The Government in Greece is increasingly getting worried over reports that the market is under pressure. There were rumors that the Greek Government will be printing drachmas- the pre-euro national currency of Greece.

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