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German Firm Buys EUR 2 Billion, Triggers Euro-Dollar(EURUSD) Rally
Thursday, 13 November 2008 08:15:42 GMT
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A German corporate bought EUR 2 billion against the dollar in the rally to 1.2539 highs. According to sources the interest was executed via eight banks and was reportedly an equity related deal. EUR-USD is currently changing hands around 1.2510-15 now that the interest has been filled.
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