European Market Update

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Euro shrugged off peripheral debt concerns and continues its rally against the greenback at 1.3666 currently boosted by encouraging German data. The bad news over Anglo Irish costs, the majority stake of Irish govt in Allied Irish bank and the downgrade of Spain by Moodys had been largely priced in

Post Title: European Market Update
Author: admin
Posted: 30th September 2010
Filed As: Forex, Fundamental Analysis
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