Forex Weekly Market Review May 31st, 2010

By eToro – The week was positive for the equity markets, but there was a lot of volatility, which made the ride very bumpy. Rumors mid‐week that the Chinese planned to sell the Euro assets pushed the market down with vigor, but after a denial on Thursday, the markets rebounded with strength. The situation in Europe continues to deteriorate as Fitch downgraded Spain 1 notch to AA.

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