Earlier today, the Greek parliament approved still more austerity measures which would bring the country one step closer to securing the second bailout loan which would prevent a disorderly default. It did not come without a steep price, however, with 43 ministers ousted for vetoing against the measures in support of the public’s outrage. Nonetheless, the approved measures provided a boost to the common currency Euro, which is trading as of this writing at 1.3248, and closing in on the 2-month high struck just last week. On the OpenBook, trader sentiment for the EUR/USD is largely bullish with quite a few gurus including Hschinner who opened up a long targeting 1.3270 leading the way. Read more
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