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Euro knocked by Greek debt fears
The single currency drops to a three-week low against the dollar as fears over a default in Greek government debt intensifyBeware the tottering Greek domino
As usual, Greece itself is too small to matter, like Ireland. But the domino effect is raising Spain's borrowing costs, hurting the euroTraders seek safety as Greek woes in focus
Investors are continuing to shun riskier assets and seek supposed havens for their cash on worries about the impact of the Greek debt crisisBeware sticky summer: no time for the beach
If there was ever a moment in the calendar when it seems foolish to embark on market gambles, August is surely that pointOminous signs for euro as Greece fears escalate
The single currency's resilience has been impressive, but now the euro is facing its toughest test
GLOBAL CURRENCY EXCHANGE RATES CURRENCIES Mid Price GBP-EUR1.1381 GBP-USD1.6107 GBP-AED5.9122 GBP-AUD1.5305 GBP-EGP9.5719 GBP-BRL2.5790 GBP-KWD0.4431 GBP-NZD0.4986 EUR-USD1.4152 EUR-AED5.1948 EUR-BRL2.2660 USD-AED3.6706 AUD-AED0.2589 NZD-AUD0.7630 NZD-USD0.8030 NZD-EUR0.5674 Please note the above are indication rates between the buy and sell side
of the market at 7am on
Friday 17th of June 2011
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Friday, 17 June 2011
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