Spain's downgrade trims euro's gains
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Spain's downgrade trims euro's gains

Madrid : Spain | Jun 13, 2012 at 4:02 PM PDT
Source: Channel NewsAsia
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Moody's three-step downgrade of Spain late Wednesday pushed the euro lower but it still managed to end the day with a gain on the dollar. The downgrade, dealt out as Madrid takes on another 100 billion euros in debt from the European Union's emergency fund to rescue its banks, sliced back nearly half of... FULL ARTICLE AT Channel NewsAsia
 
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