Euro Gains Ahead of E.U. Meeting |
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July 20, 2011 |
July 2011 Bond Updates
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The dollar weakened ahead of a meeting of European officials later in the week as expectations build for a positive outcome. Greek Prime Minister Papandreou has already coined the outcome as a make-or-break event for the zone although he doesn't seem to know much more than the rest of us. In the meantime investors continue to flood back into equities, inspired by strong earnings growth adding to pressure on the dollar where an earlier positive mood is falling by the way side.
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View more at: http://blogs.forbes.com/greatspeculations/2011/07/20/euro-gains-ahead-of-e-u-meeting/
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