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Will the Euro Fall to $1.20?
Filed under: Forecasts , Market Matters , Currency The euro is a single currency holding 16 member nations together. Before the Greek crisis, countries’ sovereign...
Will Greece Default on Its Government Debt?
Filed under: International Markets , Financial Crisis The cost of protecting Greek government debt from default rose to a record, Bloomberg News reported last week....
Desperation Gets A Grip: Greece Puts Islands Up For Sale
What started as a provocative suggestion by German politicians, and instantly dismissed by the Greek authorities, have now become a reality. It has been discovered...
Bundesbank Suspects A French Conspiracy
According to Der Spiegel have French banks, the largest holders of Greek, been dumping their Greek bonds at the ECB, while the German banks have agreed with the...
Greece urged to give up euro
THE Greek government has been advised by British economists to leave the euro and default on its €300 billion (£255 billion) debt to save its economy. The Centre...
Three Arguments Against a Euro Collapse
Lee Munson, founder & CIO of Portfolio LLC, thinks the euro has been trading like the Greek drachma when it should be trading more like the deutschemark. With...
U.S. stock markets will shed gains swiftly: Prechter
Another deflationary wave of global credit strains, heralded by the Greek debt crisis, will broadly punish riskier assets, technical analyst Robert Prechter said...
Romania braces for austerity
BUCHAREST – ROMANIA braced on Friday for a wave of protests after the president unveiled austerity cuts in public sector wages and pensions to meet a deficit...
U.S. Dollar ‘Extremely Overbought’ Says Market Researcher
The euro, which made huge gains against the dollar in the wake of 2008′s financial crisis, has come plummeting back to earth amid fears that the Greek credit...
Crude Oil Plunges as Turbulence Rocks Financial Markets
Oil Market Summary for: 03/05/2010 to 07/05/2010 In a week of market turmoil resulting from Greece’s fiscal crisis, oil went from an intraday high above $87...
Moody’s Warns of Contagion Risk to European Banks
Filed under: Market Matters , Headline News , Financial Crisis , Currency With reference to the Greek debt crisis, Moody’s said: ” banking systems faced...
Calm Down and Take a Deep Breath – Analyst Blog
Yesterday was certainly a wild day in the market, with the Dow down almost 1,000 points at one point, including a heart stopping 700-point decline in the middle...
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