EUR Trading Outlook (27-08-2012)
The Euro (EUR) came under pressure as some German politicians talked about the costs of a temporary Greece exit from the Eurozone and no fresh help was coming from German and French leaders after they met with the Greece leader Samaras. Over the weekend however Germany’s Merkel commented that her fellow politicians should weigh their words carefully when talking about a Greece exit. Support has been seen so far at 1.2500.
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