Post Tagged with: "central banks"

Bailouts In Europe Weaken EUR

/ December 4, 2010 10:03 pm

Last month countries protested the US Central Banks decision to pump $600B into the economy over the next 8 months. As a consequence the dollar dropped against all currencies unanimously. Complaints and pressure would have mounted but for the EMU [...]

Markets Rebound After Successful Portugal Bond Sale

/ December 4, 2010 9:58 pm

Wall Street rose today as reignited faith in Europe through the Portugal bond sale and positive economic news in Asia and US came out. The Dow followed European and Asian markets and was up 200 pts at close. The question [...]

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