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Daily Fundamental Analysis

May 16, 2012 | 07:05 AM

Posted by David Mason

Early trading on Wednesday saw a continuing trend of investor concern towards the Greek political crisis and a rush to the greenback. With the chance of Greece leaving the Eurozone more likely with each passing day, the Euro continues to struggle against the Dollar. The EUR/USD is down...

Daily Technical Analysis

May 16, 2012 | 08:41 AM

Posted by Jack River

The Euro Continues to Slump

Yesterday, the pair EUR/CAD broke its support of 1.2850 and declined to an 18 month low. This decline joins the depreciation of the Euro against other major currencies, with the greenback and loonie benefiting from this situation. This negative trend will likely continue as long as investors show...

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