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Euro Reaches $1.31 Following ECB Meeting
Friday, March 8, 2013 - 8:10am | 306Read More...The euro gained strength following the European Central Bank meeting and reached $1.3119 overnight, its highest value since January. The common currency settled at $1.3093 at 8:43 GMT on Monday morning. The ECB decided to keep interest rates fixed at 0.75 percent and bank President Mario Draghi...
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Hollande Calls For Further ECB Intervention
Wednesday, February 6, 2013 - 8:24am | 309Read More...The euro traded steadily near $1.35 after its rally was quashed early on Tuesday after political scandals in some of the region's weaker economies unfolded. On Wednesday the currency held steady, trading at 1.3536. Political uncertainty in Spain and Italy shook investors' confidence and renewed...
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Benzinga Market Primer, Monday, December 31: New Year's Eve Edition
Monday, December 31, 2012 - 8:07am | 797Read More...Futures Indicate Lower Open on Imminent Cliff U.S. equity futures were higher but the Futures-Fair Value was lower, indicating a lower open for Wall Street Monday. Late Friday, futures crashed as investors feared that politicians were heading into the weekend neither with a deal nor a framework...
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Benzinga Market Primer, Wednesday November 28
Wednesday, November 28, 2012 - 7:39am | 868Read More...Futures Drop on Fiscal Cliff Fears U.S. equity futures fell in pre-market trading as traders renewed fears over the fiscal cliff saw stocks skid Tuesday and futures continue to move lower overnight. Comments from Senate Majority Leader Harry Reid Tuesday that Congressional leaders were not...
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Overseas: Poll Results Shock in France, Dutch Prime Minister Resigns
Monday, April 23, 2012 - 1:14pm | 331Read More...Following a dispute revolving around European budgetary issues, Dutch Prime Minister Mark Rutte and his cabinet resigned this morning. As per Queen Beatrix's request, the group is continuing to work while she reviews the pending departure. According to the Wall Street Journal, Rutte is expected to...
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French Voters to Favor Socialist Candidate?
Thursday, April 19, 2012 - 3:01pm | 510Read More...The French presidential campaign is entering its last and definitive leg as French citizens will cast their votes this coming Sunday, April 22 in a first round election that could see a first Socialist president in nearly 20 years. Socialist party candidate Francois Hollande and Conservative...
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Barron's Recap (4/14/12): Student-Loan Debt Drags on the Economy
Sunday, April 15, 2012 - 10:21am | 878Read More...This weekend in Barron's online: Student-loan debt drags on the economy, a look at Kohl's and Seagate Technology, and what America's top 100 financial advisors are recommending. Cover Story "What a Drag" by Jonathan R. Laing. Student-loan debt is compounding at an alarming rate. Last month the...
