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Daily Video Recap (4/22): Euro Extends Decline on Greek Woes, UK and US Post Slew of Reports

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Uploaded by on Apr 22, 2010

The Greek bond markets continue to be routed this week, with the latest run set off buy news that the EU was revising up its estimate of the 2009 Greek fiscal deficit which was followed by a downgrade of Greece debt by Moody's. The Dollar and Yen gained overnight. While US stocks opened lower they managed to pare their losses helping to bring some risk appetite counter-rallies in NY afternoon trading.

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