Forex Trading: Despite Greek Bailout Agreement, Euro Turns Bearish
Despite Greek Bailout Agreement, Euro Turns Bearish The euro turned bearish against several of its main currency rivals yesterday, despite the announcement that an agreement between euro-zone finance ministers to provide Greece with a new round of bailout funds had been reached. Crude oil also took losses during mid-day trading, amid fears that demand in [...]
Despite Greek Bailout Agreement, Euro Turns Bearish
The euro turned bearish against several of its main currency rivals yesterday, despite the announcement that an agreement between euro-zone finance ministers to provide Greece with a new round of bailout funds had been reached. Crude oil also took losses during mid-day trading, amid fears that demand in the US is falling. Today, the main piece of economic news is likely to be the US New Home Sales figure, set to be released at 15:00. In … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards