DailyMarkets.com - Forex Trading: Euro Takes Additional Losses Following Finance Minister Comments

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Forex Trading: Euro Takes Additional Losses Following Finance Minister Comments Posted: 16 Jan 2013 11:55 PM PST Euro Takes Additional Losses Following Finance Minister Comments Comments from an EU finance minister earlier this week, in which he said that the euro’s recent bullish movement is threatening to hurt exports in the region, continued to weigh down on the EUR/USD yesterday. Meanwhile, speculations that future Japanese monetary easing will not be as aggressive as once thought, continued to boost the yen. Today, analysts are forecasting significantly higher amounts of volatility in the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

The Debt Ceiling Debate: My Two Cents Worth Posted: 16 Jan 2013 05:24 PM PST It would be nice if the proponents of reducing the deficits and the debt could achieve those essential goals by threatening to block an increase in the debt ceiling. But they can't. Trying to do so will not only fail, but it will hurt their worthy causes, present and future. In the first place, the debt ceiling makes no sense. Congress determines total spending levels. Congress determines tax revenue. They vote on these things. If the spending exceeds the revenue, there is no alternative to … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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