The Euro dropped close to a 2-month low versus the US Dollar on Tuesday, after growing uncertainty over a Greek parliamentary vote on austerity steps needed for Athens to secure international aid came to the fore.
On Wednesday, the Greek parliament will decide to either approve or reject the government's proposed measures which include cost cuts and tax hikes that should amount to 13.5 billion Euros ($17 billion) by 2016.
Meanwhile, most investors are also adopting a 'wait- and-see' approach ahead of a tight US presidential race. It might not be such a bad idea to get away from trading for a day or two and let the dust settle before returning to your platform.
On Wednesday, the Greek parliament will decide to either approve or reject the government's proposed measures which include cost cuts and tax hikes that should amount to 13.5 billion Euros ($17 billion) by 2016.
Meanwhile, most investors are also adopting a 'wait- and-see' approach ahead of a tight US presidential race. It might not be such a bad idea to get away from trading for a day or two and let the dust settle before returning to your platform.
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