The much-Anticipated EU Summit Delivered on the basics of Establishing new fiscal rules to Prevent a future debt crisis, but speed failed to resolve the near-term debt crisis, namely, how goodwill Troubled European Governmental Maintain Their debt service if credit markets turn on Them Again? The EU Agreed to Provide
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Next Week Will Likely See Either an agreement to bind Eurozone nations’ fiscal policies, together with irrevocable, enforceable institutional or The Beginning of the End for the single currency. We Have been here before and so far the EU Leaders Have Never failed to disappoint, but Do They must surely Recognize by
View full post on Action Forex (ALL)
Next Week Will Likely See Either an agreement to bind Eurozone nations’ fiscal policies, together with irrevocable, enforceable institutional or The Beginning of the End for the single currency. We Have been here before and so far the EU Leaders Have Never failed to disappoint, but Do They must surely Recognize by
View full post on Action Forex (ALL)
Next Week Will Likely See Either an agreement to bind Eurozone nations’ fiscal policies, together with irrevocable, enforceable institutional or The Beginning of the End for the single currency. We Have been here before and so far the EU Leaders Have Never failed to disappoint, but Do They must surely Recognize by
View full post on Action Forex (ALL)
Next Week Will Likely See Either an agreement to bind Eurozone nations’ fiscal policies, together with irrevocable, enforceable institutional or The Beginning of the End for the single currency. We Have been here before and so far the EU Leaders Have Never failed to disappoint, but Do They must surely Recognize by
View full post on Action Forex (ALL)
Next Week Will Likely See Either an agreement to bind Eurozone nations’ fiscal policies, together with irrevocable, enforceable institutional or The Beginning of the End for the single currency. We Have been here before and so far the EU Leaders Have Never failed to disappoint, but Do They must surely Recognize by
View full post on Action Forex (ALL)
Next Week Will Likely See Either an agreement to bind Eurozone nations’ fiscal policies, together with irrevocable, enforceable institutional or The Beginning of the End for the single currency. We Have been here before and so far the EU Leaders Have Never failed to disappoint, but Do They must surely Recognize by
View full post on Action Forex (ALL)
With the U.S. out on holiday the focus speed Been squarely on Europe. First Portugal’s credit rating was downgraded to junk status by Fitch, second, Germantown bond yields continue to rise after yesterday’s failed " " bond auction and lastly there was a much-Anticipated Germantown, Italian and Frenchtown joint press conference.
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Germany today was set to auction off? 6 billion in 10-year bonds. INSTEAD IT That missed the target by up to 35%, selling only, 3. 9 billion, at a yield of first 98%. The central bank stepped in and bought the Remaining bonds, hoping to sell it over coming days in a hope
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It Seems like it Could be a quiet close to the week (famous last words). It is Veterans Day in the U.S., although the S & P is open Volumes Could be patchy. Added to That Euro Zone debt crisis-fatigue is likely be to keep people on the side-lines today. Overall, there is a
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