Euro Takes another Hit

By: Jeff RatajczakJune 10th, 2011 8:31AM CDT


The April US trade deficit narrowed unexpectedly, and credit default swaps insuring Ireland, Portugal, and Greece's bonds exploded to record highs. A revision lower in the Euro zone GDP is also contributing to the downward momentum.


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Jeff Ratajczak
Jeff Ratajczak
Commodities Broker
Jeff Ratajczak began his financial career in the stock market as a retail broker in 1993. He transitioned to futures in 1999 with LFG Intermarket Group, which became ZAP Futures. ZAP Futures was acquired by RJO Futures' parent company R.J. O'Brien in 2004. At present, Jeff works with RJO's extensive IB network to take care of their FX needs. Jeff's focus is to assist clients in managing risk and speculate through futures and option strategies. Jeff attended Illinois State University..... Read More

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