Thursday 3 November 2011

FX European Briefing 11.03.2011

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Talking Points
  • US Dollar Soars as Stocks Plunge on Unraveling Greek Rescue Efforts
  • ECB Rate Decision Key as Euro Prays for Bold Action from Draghi
Euro Praying for ECB Lifeline as Greece Spoils Debt Crisis Fix

All eyes are on the ECB rate decision, with the fate of the Euro and market sentiment at large resting on the central bank's willingness to step outside its comfort zone.

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