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ECB’s Nowotny: No danger of double-dip

By   || September 2, 2010 at 18:48 GMT
|| 4 comments || Add comment

Austria’s central bank head Ewald Nowotny is parroting Trichet from this morning’s meeting saying he sees no risk of a double-dip recession in Europe.

Never say never, Ewald!

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4 Responses to “ECB’s Nowotny: No danger of double-dip”

  1. Raquel on September 2nd, 2010 19:04 GMT

    i live in europe and in my opinion europe will take several years to get rid of this crisis

  2. neal on September 2nd, 2010 19:08 GMT

    Jamie,
    What are your thoughts on the EUR/GBP for the next day or so. I’m short at .8340 right now, but I have my doubts about it dropping to far. Might better get out with 20-25 pips before London and see if it goes above .8350 tommorrow for a better short? Thanks!!!
    neal

  3. Jamie Coleman on September 2nd, 2010 19:12 GMT

    Hi neal.. I don’t have a very strong opinion on it at the moment. You do have solid resistance around the 0.8360 level to contend with…
    Looks a lot like EUR/USD at the moment…If there were not the event risk to deal with tomorrow, I’d say it looks okay…

  4. lilac on September 2nd, 2010 19:21 GMT

    Was chatting with a currency broker friend yesterday.
    I was talking about 85 – and he said 87.
    Mind you, he was convinced it’d get to 80 this summer.
    I should’ve had a bet on it ;)

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