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Posted December 23rd, 2014 by Charles Purdy

Markets focused on Greek Presidential elections

The euro had a relatively quiet day on Monday. Consumer price index figures came out at -10.9, slightly better than the forecast of -11 and significantly better than last month at -11.6. This was a small but positive step for the euro, gaining slightly across the board.

This morning at 7.45 we saw French growth data come out at 0.3% as expected, whilst consumer spending came in short at 0.4% when a reading of 0.5% had been anticipated. These two figures are likely to be the last pieces of market data that are likely to have an effect on the euro before Christmas.

The main story today will be the Greek Presidential elections. Greece will run its second ballot of three to try and elect a president and a failure to do so will spark fears that parliament could be dissolved, general elections would be called and in theory we could be heading for a Greek exit which would cause significant euro weakness..

If you are looking to buy or sell euros, we suggest contacting your trader now for live rates, news and currency-purchasing strategies

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Posted August 13th, 2010 by Charles Purdy

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Posted May 24th, 2010 by Charles Purdy

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Posted May 14th, 2010 by Charles Purdy

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Posted May 13th, 2010 by Charles Purdy

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Posted May 12th, 2010 by Charles Purdy

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Posted May 11th, 2010 by Charles Purdy

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Posted May 10th, 2010 by Charles Purdy

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