Risk-off as eyes on EU summit and Greece, Spain contracts

30 January 2012 @ 08:06 am EDT

While talks between Greek government and institute of international finance progress, eyes and hearts are fixated to the long lasting story of Greece debt resolution, although reports suggested that a deal between the bond-holders and government is imminent the euro took a hit by weak start, after ending the at 1.3219, the pair dropped sharply on Saturday to erase most of Friday's gains printing a low at 1.3109.

For more forex information, go to www.ecpulse.com

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