EURPLN reaches all-time low |
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This past week lacked important macroeconomic information so local currencies followed the Eurodollar market. What was decisive were quarterly reports published by American companies and those were mostly worse than expected (Wachovia, Apple, Texas Instruments). Surprisingly, U.S equities markets reacted with a strong increase, which was an impulse for the dollar to gain value. Sentiment towards the American currency came back and the EUR/USD tumbled all the way to $1.5690 on Friday while at
Filed under: Fundamental
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