Daily Video Recap (5/12): Pound and Euro Fall on Long Term Prospects
The Euro slid today as investors and traders focused on the shortfalls in the rescue package and the weaker growth expected if austerity measures are to bring down large deficits. That despite a stronger-than-expected 1st quarter GDP release. The Pound was weaker on similar issues.
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Analyst: Nick Nasad
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Duration : 0:9:32
Tags: currencies, dollar, Economy, euro, Euro-Zone, Exchange, finance, foreign, forex, FX, growth, news, pound, trading, yen