USD Mixed, Hoenig Says Zero Rates Not Sustainable

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03-02-2010, 08:12 PM

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USD Mixed, Hoenig Says Zero Rates Not Sustainable

The EUR and GBP made new lows for the year in overseas trade pressured by concern about sovereign debt risk in peripheral European nations and UK debt. Despite ongoing uncertainty about the Greek fiscal outlook there was limited follow through selling of the EUR and the USD traded lower in...

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