PIPS

- By FX Markets Staff
- @FXMarkets_
- 16 Aug 1999

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FX Week
Summer Break
FX Week
will not be appearing next week as we take our annual summer break. The next edition will appear on August 30.
Russian Woes Hit Euro

The sacking of Russian Prime Minister Sergei Stephashin last week slowed down the euro's recent rebound. Following news of Stephashin's dismissal, the euro fell by 1 per cent against the US dollar. However, traders say that the market reaction was tempered by the knowledge that firing governments has become a regular event in Russian

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