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Sarkozy & Merkel to Meet
The pessimism surrounding the European crisis and spillover effect into the EUR looks to have entrenched itself last week. Traders have been quick to fade any risk rally either in FX or equities, quickly reversing any optimism. On the other hand, the USD continued to find supporters in seemingly a win – win environment for the greenback. EURUSD started on weak footing falling to 1.2666 led... ...More...
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