Greece and Central Bankers in the Spotlight

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Market optimism that Greek debt restructuring may go through later today has kept risk appetite intact in today’s trading session. Reports suggesting that the US Federal Reserve is considering a new liquidity move to boost growth has further resulted in flight from safe haven currencies. Traders await the outcome of monetary policy meetings of the BoE and the ECB due today. With decisions likely to maintain status quo, the focus is expected to shift to the ECB’s post-meeting press conference wherein the central bank’s comments on the Eurozone economy will be closely watched.

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Greece and Central Bankers in the Spotlight

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