The EU leaders will be holding an EU summit on the 11th Feb 2010. among the important agendas will be the aid for PIIGS, if we do see positive outcome i.e. a bailout for Greece, EU might find temporary support here and might have upside risk; however if the opposite do materialize, we might see further downward pressure on the pair. Well we will see how things unfolds into the week.
No comments:
Post a Comment