Daily Video Recap (3/25): Possible Deal in the Works Over Greece Eases Risk Aversion

on March 25 2010 2:30 PM

Recap: The Euro got a bounce following ECB Trichet's comments that the ECB would continue to accept as collateral sovereign debt with lower credit ratings. Speculation that a possible deal for Greece debt was perhaps close eased risk aversion in the currency markets helping commodity currencies to rally. The Yen was also pressured.

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