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Saturday, February 21, 2015

Four month extension for Greece



BBC News: Greece bailout: Four-month extension in eurozone deal

It looks like the bailout saga in Europe is going to go on for months. We should know a bit more by Monday or Tuesday but at this stage it seems that Greece wants to remain in the eurozone. Quite frankly I am sick of hearing about it but this is the new normal now unfortunately.

The EUR/USD daily chart has been stuck in a tight range for weeks now. It will be difficult to say what will happen from here. 





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