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EU Deal on Greece Offers No Support to the Euro

posted by Avatar fx360 754 days ago in EUR, Daily

Over the weekend, in the single biggest bailout of a country ever, the EU along with the IMF agreed to provide Greece with a106 Billion euro loan package but the currency markets showed little enthusiasm for the deal as they opened for trade at the start of the week. After rallying to a high of 1.3360 in early Australian dealing, the euro tumbled
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