The fragrance remains in the hands of those that gves the rose
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EURO Strength Falls Under BoJ Spell
The single currency or EUR has surged to a new seven-month high after S&P’s upgraded Greece five-notches to B-minus from selective default. The credit agency seems to be trying to send a signal that perhaps the worst of Greece’s problems were over. Mind you, tell that to the local Greek inhabitants who still cannot fund some the basic necessities. With little to hold onto so deep into the holiday season, investors remain warmed by potential progress in the US budget deficit talks. There are further signs that the Democrats and Republicans are willing to come to a compromise. The open dialogue seems to have ... (full story)
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- okosodo
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