Euro dollar recovers from the blows at the wake of the new week after digging to lower ground. The IMF sees more aid needed for Greece, and begins accepting the higher probability of default. Italy remains under pressure, as Angela Merkel and Nicolas Sarkozy discuss future plans and not current, burning, affairs. Is this move just another opportunity to sell, or will we see some serious consolidation?
Here’s an update on technicals, fundamentals and what’s going on in the markets.
Read the rest of the article [B][I][URL="http://www.forexcrunch.com/eurusd-jan-8-retracing-despite-new-greek-worries/"]EUR/USD Rising Despite New Greek Worries[/URL][/I][/B]
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