Friday, September 10, 2010

Slim Chances of Greek Aid May Hit the Euro

Slim Chances of Greek Aid May Hit the Euro

For over a month, EUR/USD has been consolidating,  between 1.3450 to 1.3800, on continuous uncertainty over Greece and aid support from the European Union. This week’s EU summit, Thursday and Friday, is likely to provide the catalyst to shape a new trend. At these levels, investors remain cautious as uncertainty prevails. Some recent commentary, events, [...]