Their at it again!:nuts:
Dec. 7, 2011, 12:15 p.m. EST
Dollar gains; Germany shoots down latest plan
ECB dollar lending surges after central bank move last week
By
Deborah Levine and
William L. Watts, MarketWatch
NEW YORK (MarketWatch) — The dollar edged up against the euro on Wednesday following reports that Germany is rejecting the latest proposal to boost the euro zone’s ability to bail out larger debtors.
“Germany appears to be downplaying expectations for the summit,” said Andrew Busch, global currency and public policy strategist at BMO Capital Markets. “The news flow from Europe suggests more struggles for a fiscal union agreement.”
http://www.marketwatch.com/story/euro-edges-lower-as-dollar-swap-demand-jumps-2011-12-07