JohnKicklighter

EURUSD Breaks Before Greek Resolved

FX:EURUSD   Euro Fx/U.S. Dollar
389 0 5
The Euro             broke its tight range before the Greece debt standoff has officially been resolved. What makes it even more interesting is that Euro-area equity indexes, Greek bank shares rose on the day while the countries credit default premiums and government bond yields fell. Finding conviction in this preemptive move will be very difficult to find.
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