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Wednesday, June 9, 2010

Weekly Spotlight: Europe Fading in the Rear View

Despite the recent upbeat data in Europe on the back of exports, added weight continues to be placed on the euro in spite of the nearly $1 trillion life line awarded to indebted countries. As of late, euro-zone finance ministers finalized the $520 billion rescue package yesterday and said that the emergency lending would aim for the triple-A credit rating.

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[Source: DailyFX Forex Market News]

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