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EUR: Short and Long Term Risk for Euro
Daily FX Market Roundup / Asia Preview 06-18-12 EUR: Short and Long Term Risk for Euro USD: Holding Strong Ahead of G20 Statement GBP: Inflation is Important to the Bank of England AUD: Looking to …
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Euro Closes Gap, Don’t Expect Much from G20
As it turns out, the winner of the Greek elections did not matter. The victory of the pro-euro, pro-austerity New Democracy Party did not change the outlook for the EUR/USD which closed its gap and …
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Is the Breakup of the Euro Inevitable?
By all accounts, the euro was an ambitious experiment. Its original architects, including former ECB President Trichet set out a vision of a common currency and a single central bank that would forge a stronger …
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EU Open – Rally In Risk FX Fizzles
Key Market Drivers EU Open June 18th, 2012: Pro-Bailout Win in Greece but EUR/USD rally modest Spanish credit remains under stress with yields rising above 7% G-20 Next Focus for FX Nikkei up 1.77% but …
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Only Modest Lift For Euro Post Greek Election
Much the relief of global capital markets the pro-bailout New Democracy party edged out the far left Syriza party in Greek elections today, but the reaction was much more positive in equities than in currencies …
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Fed’s Fatal Choice – To QE or Not QE
Ask anyone one on the street whether the U.S. economy could use a jolt of stimulus and the answer will be an overwhelming YES! The labor market, housing market and the stock market is in …
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How Much Yen Pain Can Japan Bear?
The question of how much Yen pain can Japan bear is a question of how low the Japanese government will allow USD/JPY to go. Since the middle of March, USD/JPY has fallen as much as …
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EUR/CHF – Most Dangerous Trade in The World?
Complacency is always dangerous in business and never more so than in the currency market where fast moving policy actions could very quickly upend the very best laid plans. For the past six months the …
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Canadian Dollar – Not Just an Oil Play
There is a reason why three out of the top five most livable cities in the world are located in Canada. Slowly, quietly but most assuredly Canada has become one of the most successful economies …