Greek-Style Blues Color Currency Bets

June 24, 2011   |   June 2011 Bond Updates
The run into the weekend has investors dashing to take position in their currency of choice. To make a decision they have to carefully weigh up the pros and cons of each in the hope that when Monday rolls around, they will have made a wise choice. Earlier, euro bulls warmed to the news that Greek austerity measures had received the approval of European partners, who are eager to avoid a sovereign default at any cost. But the difficulty will surely remain a vote in Athens next week.

View more at: http://blogs.forbes.com/greatspeculations/2011/06/24/steely-nerves-required-for-the-weekend/
 
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