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Euro Holds Its Ground Despite Unsatisfactory G7

By admin on February 8, 2010

The G7 meeting over the weekend produced no concrete proposals on the resolution of the Greek crisis leaving the currency market adrift at the start of the Monday trade. The G7 officials also discussed the possibility of an additional 15bp tax on
6 Vote(s) Read More Euro Holds Its Ground Despite Unsatisfactory G7
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The Greenback and Yen gain ground as CIT is on the verge of bankruptcy

By admin on July 19, 2009

The yen and the greenback rose as speculation CIT Group Inc. will file for bankruptcy and bombs in Indonesia spurred demand for the safe haven currencies as a refuge. The two currencies were also firmer on Friday as caution set in before more key U.S corporate earnings later in the day. Results from Citigroup, Bank [...]

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