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Market Pulse: China's rate cut boosts euro, stocks

Thursday, June 07, 2012 - 07:00

June 7 - The timing of the action was unexpected and provided a boost to the Aussie dollar, sterling and European stocks. The Bank of England, in contrast, kept its monetary policy unchanged.

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Market Pulse: China's rate cut boosts euro, stocks

Thursday, June 07, 2012 - 07:00