EUR USD Posting Big Gains On Reports Of Impending Greek Rescue

February 9th, 2010 by Forex: iStockAnalyst.com Feed

The U.S. Dollar is under pressure overnight as traders are liquidating long positions on the prospect of that a deal to rescue Greece from its sovereign debt problem is being worked out in Brussels. Speculation is rising that some kind of “bailout” package is being created which would help shore up the Greek budget and help restore confidence in the Euro Region.[More...]

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