After a brief retreat from recent highs against the US Dollar, the Euro once again found itself within reach of these highs as Euro zone finance ministers and the International Monetary Fund finally came to an agreement on how to reduce Greece's debt.
The breakthrough came after 12 hours of talks in a third meeting where the outcome was to go ahead and release urgently needed loans to keep the near- bankrupt Greek economy afloat.
As a result, the Euro appeared to strengthen against the US Dollar directly after news and details of the new deal was first released to the press.
The breakthrough came after 12 hours of talks in a third meeting where the outcome was to go ahead and release urgently needed loans to keep the near- bankrupt Greek economy afloat.
As a result, the Euro appeared to strengthen against the US Dollar directly after news and details of the new deal was first released to the press.
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