Archives for July 2012

Mid-Day Report: Euro Soft in Quiet Markets as Greece Preparing for Negotiation

Euro is mildly softer in quite markets today. Trading activities are subdued ahead of July 4 holiday in US. Nonetheless, Euro pared some EU summit triggered gains against dollar and yen as Greece is starting to prepare for austerity re-negotiation. A spokesman from the new Greek government, Kedikoglou, said that they're going to present "astounding" information to troika on Wednesday, which are … [Read more...]