Euro Rides a Roller coaster of News
The euro went on a roller coaster ride today rising in late Asian trade on optimism over a possible deal on the restructuring of Greek debt only to tumble when Fitch threatened a two notch downgrade of Italy only to return to the session highs by midmorning European trade on news that IMF may boost its lending facility by Trillion.
Commentary from Boris Schlossberg, Director of Research, GFT
