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Wednesday 12 June 2013

Stocks to watch- Top banks manipulating Forex rates

Some of the world’s biggest banks manipulated Forex rates to profit off clients
Top 4 banks Barclays, Citigroup, Deutsche Bank & UBS declined to comment

We can't actually tell if they're guilty or not but Citigroup's stock might take the worst hit under suspicion as there are predictions that it could lose $7 billion on currency swings yesterday
But these are just rumors & predictions, not solid data
So we'll just watch the stock & see how people react but not trade it

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