Treasury Pulse


Global forex market

OH what a week! The Greek elections dismayed the doomsday soothsayers with the pro-austerity winning the elections thus delaying further catastrophe of the eurozone. The New Democracy and Pasok, won 163 out of 300 seats over last weekend. Resultantly, the euro showed some life but was short lived. It rose to a high of 1.2747 but closed at 1.2560.

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