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quarta-feira, 28 de abril de 2010

Daily Video Recap (4/27): Euro Tumbles on Downgrades to Greece & Portugal


Uncertainty and risk aversion reigned in the currency markets today as Standard & Poor's downgraded Greece's sovereign debt rating to junk status while also downgrading Portugal. That caused a sharp sell-off of Euro's and other higher yielders and buying of safe-haven currencies like the US Dollar and Yen.

News Provided by FXTimes/CMS Forex

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