FOMC and BoJ meetings – crucial this week

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Negotiations between Greek officials and the euro zone colleagues in Riga on Friday have not yielded any result. Behind are lagging promises of staying in touch to reach a debt deal, to hold a teleconference today and a call on Wednesday to speed up negotiations. Maybe these are the hopes left for the Euro which is still holding above the support of 1.0850. The balance is extremely fragile since E...

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