Marsh on Monday: Internal discord leaves ECB's threats toothless
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Marsh on Monday: Internal discord leaves ECB's threats toothless

Zurich : Switzerland | Aug 27, 2012 at 12:03 AM PDT
Source: MarketWatch
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A central bank's ability to intimidate the financial markets through active, targeted intervention is directly proportional to its ability to deliver on promised action...The next day, the president is called to order by his defense secretary who says deploying nuclear weapons is illegal. FULL ARTICLE AT MarketWatch
 
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  • Currencies: Dollar steady as traders eye central banks

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    The U.S. dollar posted little change versus major rivals Monday, with traders taking a cautious approach ahead of high-profile speeches later in the week by Federal Reserve Chairman Ben Bernanke and European Central Bank chief Mario Draghi.

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