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Worries over Greece never far from surface

By   || March 11, 2010 at 07:01 GMT
|| 5 comments || Add comment

Traders will have noted lead article in WSJ entitled  “High interest costs burden Greece.” The story highlights the fact high interest rate costs Greece must pay to borrow money are threatening country’s attempts to rein in it’s budget deficit. Nothing new, but helps keep Greece on the frontburner.

EUR/USD has slipped to 1.3632 at writing.

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5 Responses to “Worries over Greece never far from surface”

  1. Emilio on March 11th, 2010 07:07 GMT

    Since there is nothing more interesting to write about they have to fill the space with something.

  2. Grenman on March 11th, 2010 07:09 GMT

    strikes all over greece today against the new measures…

  3. Gerry Davies on March 11th, 2010 07:14 GMT

    yep, that’s what they get paid for. filling space.

  4. hsbc on March 11th, 2010 07:27 GMT

    seems like an invincible hand supporting eur

  5. Tajul Akbar Bin Ismail on March 11th, 2010 08:10 GMT

    EURUSD 1.3600 and 1.3575 intraday expiries pressuring the EUR

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