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Euro Tops $1.50; Pound Jumps
BY NEIL SHAH The dollar crossed the key $1.50 threshold against the euro today before a slight pullback, raising more concerns in Europe about the strength of the euro and the impact it might have on any nascent recovery. European policy makers have tried in recent days to jawbone the euro ...
Why the euro is not the next global currency
ft.com — The explosion of debate on the demise of the dollar has been instructive, though vastly premature. What... is striking, however, is the absence of the euro from talk of alternatives as the global currency. Currency baskets, SDRs, even ... (more) Why the euro is not the next global currency
Time for the ECB to get serious about the overvalued euro
Time for the ECB to get serious about the overvalued euro
blogs.ft.com — The euro has become a currency on steroids. Its relentless nominal and real appreciation since the end... of 2000 was briefly interrupted in the second half of 2008, but resumed with a vengeance during 2009. The strength of the currency is hurting the ... (more) Time for the ECB to get serious about the overvalued euro
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Midday Market Update: Financial Earnings Lift Spirits
ETF Trends — ... which gave a lift to stocks and exchange traded funds (ETFs) in morning trading. All eyes are on the troubled financial sector this earnings season as investors look for signs that the system is on the mend: The euro has topped $1.50 against the dollar, a key threshold that raises concerns in Europe about what impact the strong currency will have on its recovering economy. European policy makers have been trying to make the euro weaker, but the markets aren’t paying attention, Neil Shah for ...

First Cash Financial Reports Strong Earnings
ZachStocks — ... in gold prices.  Scrap jewelry can be a strong source of revenue and the company expects that they will see significant additional revenue in the fourth quarter as a direct result of selling jewelry at higher prices for the gold and silver content. Other Articles of Interest First Cash – Providing Liquidity, Generating Profits Blackstone to Capitalize on Market Liquidity WSJ: Euro tops $1.50, Raising Economic Concerns ...

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