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Currencies That Stand to Gain Amid Debt Ceiling Talks
The main question that every investor possesses at a current juncture is: What asset stands to gain if the United States government fails to come on an agreement in regards to the debt ceiling. Before we answer this question, we want to summarize the current course of action of the overall currency market and quickly summarize the steps taken by the U.S. government. Over the course of the past few weeks, the market increased its volatility as problems on “both sides of the pond” continued to proliferate. Sovereign debt issues in the peripheral nations of the Euro-zone caused plenty of uncertainty. While contagion ... (full story)
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