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Greece Latest Headlines

The Greece saga continues and the negotiations between the two parties involved has once again hit a roadblock. I'm telling you this is a total mess and I think we're going to have a big surprise once the market opens Sunday evening. Judging by today's headlines it's obvious that they are moving backwards and as time goes by the changes of an agreement fall even further. I thought that at least over the weekend we can relax, but NO, this bureaucrats are in for pulling out a snow show.
Jus…
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Forex Weekly Outlook December 16-20

Probably the most awaited event for the next week is the FOMC statement, and this week is full of important economic data coming from both US and EU ahead of the new year.
This week we had the last EU summit of the year with the main focus on the banking union. Still, this is a long process and currently we have just a draft signed by the EU finance ministers. Also the Market Manufacturing PMI numbers which, measure the business conditions in the manufacturing sector, are about to to increase fu…
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