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Its not smoke unless you mean the "fog of War". The Euro dropped because of Georgia which is literally in their backyard. The Dollar went up for that very same reason...a War Premium.
Aug 16 11:48 am
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All Comments by NOWHEREMAN »The Euro's Long Run Is Finally Over [View article]
Other than that, the financials get reamed on the ARS scandal and the Minimum Wage phase 1 kicks in unnoticed. The dollars strenght will be relative to the Georgian conflict only.