Investors put pressure on Euro-zone officials

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Source: Dukascopy
Investors are putting increased pressure on European officials pushing them to design a rescue plan for region's struggling banks before November G20 summit. Simon Maughan, head of sales and distribution at MF Global Ltd. in London, claims that a decision on general capitalization, and  occasionally - over-capitalization of banks is likely the only chance left for European leaders. According to IMF, banks may need up to EUR 200B of capital in near term.
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Thu, 13 Oct 2011 07:58:27 GMT

ZIFX.com: EUR/USD Technical Levels

According to ZIFX.com analysts the main support levels may be found at 1.3581, 1.3464 and 1.3340. These are expected to hold intraday dips. Alternatively, if the European currency gains in value comparatively to the greenback, resistances might be in focus. The immediate line is located at 1.3814, followed by 1.3930. The highest indicated resistance is situated at 1.4050. Currently the

Wed, 12 Oct 2011 08:06:25 GMT

Investors put pressure on Euro-zone officials

Investors are putting increased pressure on European officials pushing them to design a rescue plan for region's struggling banks before November G20 summit. Simon Maughan, head of sales and distribution at MF Global Ltd. in London, claims that a decision on general capitalization, and  occasionally - over-capitalization of banks is likely the only chance left for European leaders. According to IMF, banks

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