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Monday, August 13, 2012

Euro Sedate After Markets Get Off To A Slow Start


The market got off to a slow start on Monday, as investors deal with growing concerns about the state of the global economy, following disappointing data out of China last week.
The Euro remained largely unchanged from its closing price last week after pulling back from a recent 1- month high hit last week. The Euro has benefited from optimism over news that the ECB will implement new measures to lower crippling borrowing costs for Spain and Italy within the next month.

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