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Daily Currency Report

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The Euro has hit its lowest levels since July 2009

Fri, Jan 29 2010, 09:11 GMT
by John Clarke

ODL Securities  |  View company's profile


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The Euro has hit its lowest levels since July 2009 as concerns over the Greek economy continue to weigh on investor sentiment. Yesterday, the German economic minister confirmed that there would be no bail-outs from the EU. The concern is now that sovereign debt issues may spill over in to other countries such as Portugal, Spain and Italy. 

Daily Currency


Market News

  • Standard and Poors have made the unprecedented decision to downgrade UK banks due to the UK’s “weak economic environment”

  • US GDP is expected to show its fastest growth for four years, but this has been supported by the government backed stimulus programme

  • Ben Bernanke’s second term as Chairman of the Federal Reserve was confirmed last night despite the economic woes


Major Economic News

TIMEMARKETDATA
1330USQ42009GDP

*Note all time are GMT.


ODL Securities Limited | The Northern & Shell Building 10 Lower Thames Street London EC3R 6AD
http://www.odls.com/ | info@odlsecurities.com


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