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10/13/11 15:16
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» Blog Archive » The Daily Market Report

Thank author of this post/commentSlovakia Passage of EFSF Initiates Relief Rally in Euro The euro rebounded and the dollar came under renewed pressure after Slovakia passed the ESFS expansion a day ahead of the expected vote on Friday. The passage comes at the expense of the government itself, which collapsed earlier in the week when the initial ESFS vote was tied to a confidence vote. While the ESFS bailout fund may now end up with additional fire-power, the details remain up in the air.

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• bailout • confidence • expansion • pressure • slovakia • banking system • debt crisis • safe haven • us economy • market report •
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