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Forex European Preview 09.04.2009
Switzerland’s Consumer Price Index is set to show continuing deflation as prices shrink -0.7% in the year to August, marking the fifth consecutive month in negative territory. As we noted earlier this...
View ArticleGreece Protests Send Message To Brussels
As European Union (EU) leaders met in Brussels with the bailout of Greece a backburner topic, most of Greece’s workforce staged a second national work stoppage in the last three weeks. Tensions in the...
View ArticleEuro Slides, Dollar Rises, Italy Plays With Fire
On Friday, the euro fell to its lowest rate against the USD since January 10 and to its lowest point against the yen in three weeks. A number of factors came together to keep the euro in a steady slide...
View ArticleEuro And Emerging Markets Plummeting
Renewed inflation concerns and undeniable unemployment pressure pushed the euro below the $1.35 USD mark and to a two-month low against the yen. Consumer price inflation fell back to 0.7 percent, a...
View ArticleUkraine Tensions To Persist
On Tuesday, major equity markets rallied while currencies appeared distracted by Russia’s invasion of Ukraine but Wednesday showed signs of tenuous stability. Economic factors began to take hold in...
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