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FX Market Lost All Reason: Analyst

Wed 01 Jun 11 | 05:00 AM ET
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FX Market Lost All Reason: Analyst

Wed 01 Jun 11 | 05:00 AM ET
"It's a race between more money for Greece and QE3 it seems at the moment as far as the market's concerned," David Bloom, global head foreign exchange strategy at HSBC told CNBC Wednesday. He added that the current euro/dollar rate showed the US currency was in "crisis".
 
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