European Stress Tests: Could the Publicity Stunt Backfire?
http://www.kathylien.com –
The European sovereign debt crisis has come back to haunt the euro. In the beginning of the year, European debt problems drove the EUR/USD from 1.45 down to 1.1877. When the fears receded, the euro climbed back above 1.33. However now that the fears that have gripped the currency for most of the year has returned, the euro is once again under aggressive selling pressure.
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