Daily Pfennig: 11/30/10: Euro Falls Through 200-Day Moving Avg.
Daily Pfennig: 11/30/10: Euro Falls Through 200-Day Moving Avg.
* Euro falls on Contagion risks… * Commodity currencies rebound… * Brazilian inflation soars higher! * Oil prices on the rise (where’s the deflation?)
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Europe debt fears drag the euro below .30
Europe’s debt crisis still weighing on markets; euro drops below .30
Read more on Bay News 9 Tampa Bay
Today’s markets: Markets weighed down by Europe’s debt crisis
LONDON (AP) — Worries that Portugal or even Spain will have to seek outside help to deal with their debts continued to weigh on markets today, sending the euro briefly below .30 for the first time since mid-September. European stocks were somewhat more settled following big declines Monday and Wall Street’s late rally. The FTSE 100 index of leading British shares was up 12.40 points, or 0.2 …
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