UFX Bank Week in Forex - June 14, 2010

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This week Hungary began taking steps to narrow its budget deficit. This is a preemptive move to lower the ...
This week Hungary began taking steps to narrow its budget deficit. This is a preemptive move to lower the possibility of acquiring a bailout from the European Union. We also saw Oil make a strong rebound towards the 75 Dollar level as Exports from China felt a large surge. There are rumors out of England that the Bank of England may continue their Stimulus plans as public spending cuts appear inevitable.
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