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Market Intelligence - 15.06.2010

15/06/2010

Macroeconomics

The descent of the euro has continued. The markets continue to be worried about the euro and the debt crisis in many countries. New rumours about possible problems in Hungary and a misinterpreted statement from France that the country would welcome a euro/dollar parity hammered the currency again and it reached levels of below 1.19 to the US$ before rebounding a bit.

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