France has spoken, and expects to be obeyed. That means it's time to start selling euros. French fin...
France has spoken, and expects to be obeyed. That means it's time to start selling euros. French finance minister Thierry Breton recently said the euro's surge had gone far enough, and that he planned to stop it. So, how is that going to work exactly? The truth is that it won't. Politicians can huff and puff all they want. They can no more control the currency markets than they can the weather. As the dollar has plunged, the euro has been the main refuge for investors. This year, the currency shared by 12 nations has risen about 8% against the dollar. The strong euro is likely to be arou...
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