Tuesday, December 27, 2011

iFOREX Daily-December 22, 2011

The U.S. Dollar dipped against the majority of its peers as
European banks lined up to obtain 3-year loans from the European
Central Bank. And while economists expected the ECB to award 293
billion Euros in loans, E.U. banks borrowed 489 billion Euros,
raising concerns over the stability of the financial system.
However, despite these

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