With rumors that a deal was reached for a bailout of Greece, the Euro extended its rally started in NY trading from yesterdays session. The deal could mean that Greece will be able to get loans at cheaper than market rates in order to help fill its budget holes. With gold prices shooting up today, the Aussie rallied to a new 2010 high and the Kiwi surged as well. The GBP/USD pair broke above 1.53 on strong producer inflation data while the Canadian Dollar was weaker following a softer-than-expected jobs report. News Provided by fxtimes/CMS Forex www.fxtimes.com http Analyst: Nick Nasad Open up a free practice account and start trading Forex today.
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