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Tag Archives: pound

Daily FX-Foreign Exchange News Wednesday 3rd October, 2012

We see at FX – global currency exchange this morning that Spain will not be making any bailout requests straight away as Spanish president Mariano Rajoy has let market down after saying that there is not an imminent decision. Rajoy made the statement on Tuesday at a press conference following a meeting with regional leaders. […]

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Daily Foreign Exchange News Wednesday 27th June, 2012

Yesterday saw Chancellor Merkel strengthened her opposition to Eurozone debt sharing, moving Germany on battle course against its allies ahead of upcoming EU summit in Brussels tomorrow. Yesterday Ms Merkel claimed in her speech Euro deposit insurance, Euro bonds and Euro bills to be counter-productive and economically wrong. The EUR/USD seems to be hovering around […]

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FX-Foreign Exchange Market News Friday 17th February, 2012

During the US Session overnight significant progress on securing a Greek bond –swap deal and a fresh bailout to the indebted country has produced an aggressive short covering. The EUR is short running to the exits as it realizes that the headlines carried enough substance to believe the finishing touches to a second bailout deal […]

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