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Why is the euro being treated like a safe-haven currency?

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 9, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Outlook: You can be excused for wondering what planet we live on when Deutsche Bank is under severe pressure, the Bund is yielding 0.262% and yet the euro is rising. Why is the euro being treated like a safe-haven currency? Back in December, Market News reported European banks are not as healthy as they should be— of the 24 banks with a market cap over $5 billion, 21 of those with 5% or more non-performing loans are European. The WSJ reports about Deutsche Bank “The German lender’s shares now

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