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Monday, January 5, 2015

Is the Falling Euro Merkel and Draghi's Fault?

eurozone.jpg Home Page News Page Down Goes Euro In very early Asian markets, participants responded to Draghi's sovereign bond buying hints, and Merkel's seeming willingness to let Greece leave EMU by sending the euro to a low of $1.1865, according to Bloomberg.  The thin conditions exacerbated the move, but the single currency has not been able to resurface above the $1.1980 area since.   In very early Asian markets, participants responded to Draghi's sovereign bond buying hints, and Merkel's seeming willingness to let Greece leave EMU by sending the euro to a low of $1.1865, according to Bloomberg.  The thin conditions exacerbated the move, but the single currency has not been able to resurface above the $1.1980 area since.  See Also links url:  http://www.economywatch.com/features/The-Strong-Dollar-Low-Energy-Prices-and-Central-Bank-Moves-Muddy-Investing-Waters.01-05-15.html Title:  The Strong Dollar, Low Energy Prices and Central Bank Moves Muddy Investing Waters See Also type:  Reference read more


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