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5 Reasons for the fresh EUR/USD Fall
EUR/USD finished its correction and is now at lower ground, below another support line. Here are 5 fresh reasons for the fall. After Trichet was soft on inflation and concerned about the euro’s strength, and after the rumors about Greece leaving the Euro-zone erupted on Friday, we had some significant correction. But that’s over now. EUR/USD dropped under the support line of 1.4282, the lowest since the rate hike in April. What’s new today? Here are 5 reasons: S&P downgrades Greece: No surprise, and rating agencies are often late, but this move is still significant, especially due its strong echoes in the ... (full story)
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- May 9, 2011 12:20pm May 9, 2011 12:20pm
- danidon
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Why such a rigid stance? To learn is the funniest process in live...
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