Monday, November 28, 2011

Euro Bounces on Debt Solution Hope


Things are so bad, trader mentality suggesting that things can only get better.

European Economic Outlook and Level of Confidence Deteriates Significantly

PARIS—The global economic outlook has deteriorated significantly, the Organization for Economic Cooperation and Development said Monday, as it urged the European Central Bank to act decisively to prevent the euro-zone sovereign debt crisis from deepening and possibly dragging the U.S. economy to the brink of recession. READ MORE...

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Central Banks Ease Most Since 2009 to Avert Contagion

Central banks across five continents are undertaking the broadest reduction in borrowing costs since 2009 to avert a global economic slump stemming from Europe’s sovereign-debt turmoil. READ MORE...

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Euro area crisis threatens EU sovereign ratings: Moody's | Reuters

(Reuters) - Moody's Investors Service warned on Monday the rapid escalation of the euro zone sovereign and banking crisis threatens the credit standing of all European government bond ratings. READ MORE

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How To Profit From The Euro Paradox

There’s an interesting paradox emerging in the EUR/USD exchange rate. READ MORE...

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