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Daily Forex Commentary May 12, 2010
05/12/10 by Brewer Futures Group
Filed under Commentary
May 12, 2010
Euro Falters; Traders Still Concerned about Bailout Package
The Euro finished lower on Wednesday. Now that credit concerns in the Euro Zone have been taken care for the short-run, investors are becoming worried about the
possibility of a slowdown in the economy. The size of the new bailout package is expected to have an impact on the Euro Zone economy which could result in a double-dip recession.
The EUR USD was trading slightly better earlier in the trading session. …
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