Weekly Review and Outlook: Dollar and Yen Soared as Worry on Sovereign Risk Intensified
Saturday, February 6th, 2010Markets were pretty steady last week until concern of Greece deficit contagion across Europe intensified on Thursday and rocked financial markets around the world. Credit-default swaps on the debt of Greece, Spain and Portugal rose to record highs today amid concern that European governments will struggle to fund their deficits….
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