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August 2, 2012

Central Banks Do Nothing, Promise More

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The ECB has disappointed the market who expected some action after Draghi's strong comments last week. In anticipation the euro was briefly taken through the $ 1.24 level only to be sold down to new lows for the week, below $ 1.22. Draghi did not break new ground. He reiterated what was... FF News: Fundamental

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