ForexGen Services Headline

Wednesday, January 6, 2010

The EUR Extended Losses Against Greenback

The EUR extended losses against the US Dollar following reports that the EU won’t provide financial assistance to Greece.

Greece is facing up to a debt mountain, with the deficit predicted to soar to 12% of GDP next year.

Please be aware of oil inventories this afternoon, and the non farm payroll figures, scheduled for release on Friday

ECB Council Member Christian Noyer said that he sees no risk of the euro zone suffering from deflation

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