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Thursday, May 24, 2012

CNBC.com Evening Brief: Special Currency Trading Edition

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Thursday, May. 24, 2012   
  Evening Brief
Special Money In Motion Currency Trading Edition
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MONEY IN MOTION
Money in Motion Tomorrow on Money In Motion
How Low Can It Go?
Reports this week of a potential bank run in Greece and growing expectations the country might look to exit the euro has finally taken its toll on Europe's common currency. The euro continues to hit multi-year lows against the dollar, and the ECB's general approach of "delay and pray" appears to be running out of time. Is parity the next stop for euro dollar? It's a scenario that is gaining traction as investors lose faith in EU policy makers, and we'll tell you how our pros are playing the currency now.

Gold to $5,000
Given it's precipitous decline from its highs, and recent volatility, the thought of bullion breaking out to $5,000 seems at best unlikely. But according to Bank of America's McNeil Curry, that's exactly where gold could be going. He will make the case and tell us which currencies could see a boost off a bullion bounce.

Jobs Report
And next Friday is the all-important jobs report. U.S. economic growth has been showing signs of slowing, but is a upside surprise in the offing? We will preview the big event and tell you what it could mean for the dollar and your money.

That's all coming up tomorrow on Money in Motion Currency Trading.

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