June 15, 2010
Euro breaks from High following Greece Debt Downgrade
The Euro surged early in the session on Monday as upbeat feelings about the global recovery helped drive up demand for higher risk assets. Today’s strong rally was a
continuation of last week’s bottoming action which was triggered by positive comments from Fed Chairman Ben Bernanke and European Central Bank President Jean Claude Trichet.
Bernanke told the Senate last week that he believed that Europe has the money to protect its …
