Mid-Day Report: Euro Recovers as Greece Seeks Aid; GBP, CAD Lower on Disappointing Da

[Forex-Outlook]

Euro recovers earlier today on news that Greece has finally requested to activate the EUR 45b rescue package from EU and IMF. Greece CDS dropped back to below 600 bps level while yield on 10-year bonds also dropped back to 8.35%. Euro is lifted as the fear of default temporary...

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