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Apr 30, 12 •
4606 Views •
Market Commentaries •
admin
Comments Off on The Happy Trio EUR USD And GDP
The euro was under moderate pressure as markets tried to assess the impact from the S&P downgrade of Spain. The rise in Spain’s unemployment rate was also of no help. The EUR/USD cross rate was changing hands in the 1.3160 area around the open of the...
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Mar 14, 12 •
3119 Views •
Market Commentaries •
admin
Comments Off on Portugal Seems To Be A Train Wreck Waiting To Happen
If you stop and review the economic data release by the Portuguese government since the beginning of the month, shivers should run up your spine. Recently the EU approved the next tranche of bailout funds for Portugal, but economic indicators released in this...