LiteForex - Analytics

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    EUR/USD: general analysis on 10.06.2015

    The Euro is rising against the US dollar; this week the Euro reached the level of 1.1291. Its rise is supported by the news that Greece has presented its lenders the second plan of resolving their economic problems. If the EU approves the reform package, Athens will receive financial aid to pay off its debts. It is planned that the required funds can be diverted from the European Stability Mechanism ESM to purchase Greek bonds totaling 6.7 billion euro. 

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