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Some knee-jerk reactions was seen after ECB cut key interests rates by 25bps to 1.00% and announced quantitative easing measures which include purchase of up to 60b euro covered bonds denominated in euros and issued in the Eurozone. Nevertheless, Euro strengthened sharply against dollar, yen and sterling as dusts settle,...
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Wednesday, May 6th, 2009 at 11:33 pm
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