German Short Selling Ban Doesn't Slow Down Selling

May 19, 2010 7:27 AM EDT
News of Germany's short selling ban of select banks and credit-default swaps of euro-area government bonds did little to slow down pressure on the euro and stocks.

The German DAX is down 2.4% currently, with all 30 components lower.

The Euro has stabilized today to $1.22, after weeks of furious selling.

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