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Euro Rises From 10-Month Low as Greece to Set New Deficit Cuts |
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Written by Administrator
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Wednesday, 03 March 2010 07:13 |
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March 2 (Bloomberg) - The euro has risen from its lowest level against the dollar since May after the Greek government said it was new deficit cuts will announce tomorrow, raising speculation that a solution to its debt crisis may be approaching. The Canadian dollar surged after the country's central bank said inflation and economic output is higher than policymakers expected. The euro against the pound appreciated for a fifth consecutive day as bonds advanced after Greek prime minister George Papandreou said his party's MPs that "painful" decisions to coming.Full Story
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