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October 6, 2008


Uncoordinated European Leaders Drop the Ball

Euro Falls to 13-Month Low as Credit Crisis Spreads to Europe

European Crisis Deepens; Officials Vow to Save Banks

“The euro slid to a 13-month low against the dollar and Treasuries rose as the credit crisis spread outside the U.S., prompting investors to opt for less risky investments.”

Fans of the Sequential will note that it caught two key turning points in recent weeks (240-minute chart) in the Dollar Index.

This entry was posted on Monday, October 6th, 2008 at 3:07 pm (utc+8) and is filed under Currencies.

One Response to “Uncoordinated European Leaders Drop the Ball”

  1. john said:
    October 7th, 2008 at 8:02 am

    …and I thought that the my delicious article “McFear” was going to be about McCain.

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