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Rumors about a Spanish bailout - including ECB bond buys - aren't enough to move the needle...

Rumors about a Spanish bailout - including ECB bond buys - aren't enough to move the needle on stocks, but do send the euro hurtling higher by nearly 50 pips. Old habits die hard. FXE +0.5%. Shares in Madrid remain lower by 1.4%.
Comments (2)
  • Amazing to me...the "STRENGTH" of the Euro....just amazing
    23 Aug 2012, 11:11 AM Reply Like
  • To borrow part of an old saying from just before the housing bust:
    Anyone buying the euro at this price is either a
    Pure genius or a total idiot, depending on the final outcome.
    23 Aug 2012, 11:22 AM Reply Like
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