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Forex market’s articles
According to SG Private Banking’s strategists, the interest rate differential is supporting the euro, whereas mounting incertitude is weighing on cyclical currencies.
According to Michael Story, economist at Western Asset, while some peripheral European countries will be unable to escape restructuring their debt, the euro is unlikely to collapse any time soon as a result, and should in the short to medium term strengthen its position as a (...)
The euro is not expected to experience abrupt movements versus the dollar whereas the yen might see a decline in 2011 and the pound is on a course towards strengthening versus both the euro and dollar
Sarkozy also told speculators to be prepared for big losses if they bet against the euro
The euro currency area has only a one-in-five chance of surviving in its current form over the next 10 years because of competitive imbalances between its members, a leading British think tank said on Friday.
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