Investors on the sidelines until Thursday’s ECB meeting

Review: Unfounded rumours about downgrade of France Unfounded rumours about France’s credit rating affected EUR During trading yesterday, there were suddenly rumours of an upcoming downgrade of France’s credit rating. Reportedly the rating agency Egan Jones was about to issue a ’warning’. EUR fell fairly much on the rumours – which later on proved to be unfounded. EUR regained some of the lost ground Poor European economic indicators were better than expected – the Germans disappointed The

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Investors on the sidelines until Thursday’s ECB meeting

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