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OpenBook Traders Bide Time as Newest Greek Deadline Looms

Greek statues (Medium)

(eToro Blog) Despite the fact that Greece is literally holding markets hostage with their delay tactics, the Euro continues to surprise investors with its resilience. The Greek government has said that a decision would be made today, and that appears to be the impetus for today’s Euro buoyancy. With short covering driving, yesterday the Euro-Dollar [...]

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More Bad News Europe Doesn’t Need

arc de triomphe paris

France had the largest trade gap ever in 2011, with imports exceeding exports by €69.6 billion ($91 billion) for the year, higher than the €51.5 billion ($67.6 billion) shortfall of 2010.   Last year marks the tenth straight year for a shortfall in imports for the European economy, as exports fell 0.3 percent.   The [...]

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Despite Delays, Traders Know Greece Can’t Dodge the Inevitable

Dramatic view of stormy sky over the Parthenon in Athens, Greece.

(eToro Blog) Despite a deadline which the Greek government believes to be amorphous, no decision has yet been made which will ultimately determine whether or not Greece, as the world now knows it, will survive. Greek officials are as far away from a consensus as could be possible; one wry commentator noted that if they [...]

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