Posted on Sunday, 11th July 2010 by James Martin
Over the past month, the talk from European officials about the sovereign debt crisis has gone relatively quiet. Meanwhile, the euro has bounced aggressively from 1.1877 to over 1.27 versus the dollar. It’s important to note that markets around the world have taken cues from the direction of the euro as a proxy for Europe’s [...]
Tags: Euro, Euro Rally
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Posted on Wednesday, 16th June 2010 by Jesse Walker
LONDON (Reuters) – World stocks fell from this week’s one-month high on Thursday and the euro and oil prices dropped as worries about Spain’s public finances encouraged investors to cut back on risky assets. The spread of Spanish government bond yields over benchmark Bunds soared to a euro lifetime high with the market watching the [...]
Tags: Euro, Euro Fall
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Posted on Sunday, 9th May 2010 by James Martin
The euro is in devaluation mode … in a sharp 17 percent decline against the dollar over the past five months. And I’ve written extensively on why, and why it still has further to go. Now I believe a covert policy decision has been made by the European Central Bank (ECB) to use currency devaluation [...]
Tags: Euro
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