Sterling Riding the Euro Storm

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The uncertainty over the extent of damage from a possible Greek default is expected to drive the Euro lower against the Pound. Investors seem to be worried about the lack of clear leadership in resolving the crisis.

Eurozone finance ministers, after a meeting in Luxembourg, have indicated that Greece could wait until mid-November for receiving its next tranche of aid, and have further added that they are reviewing the size of the private sector's involvement in the second bailout package for Greece.

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Sterling Riding the Euro Storm

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