EUR Trading Outlook (23-05-2012)

The Euro (EUR) saw any hope of revival dismissed as former Greek Prime Minister Papademos admitted to the fact that “risk of Greece leaving Euro is real”, “Preparations for Greece Euro exit are being considered” indicating that it could cost anywhere between 500 Billion to 1 Trillion, ensured the Euro plummeted from day highs above 1.2800 to trade just above 1.2650

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