The Euro falls as the Europe braces for the crunch |
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The euro fell against the greenback and the weakest in two years versus the yen as the deepening credit crisis prompted European governments to pledge bailouts for troubled banks. The Euro declined for a sixth day against the Dollar as Germany joined with banks and insurers to prevent the collapse of property lender Hypo Real Estate Holding AG and Belgium announced a revised deal to salvage Fortis, the nation's largest financial-services company. ``We have to be wary of further financial
Filed under: Technical
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