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Monday, December 29, 2014

Euro Lays Low As Greek Government Falls

The euro remains near two-year lows against the greenback as political upheaval in Athens once again threatens the eurozone. It's one of the few event risks for investors to take notice of in a week of thin trading because of year-end holidays. Most of the necessary positional business that had to be done will have been concluded well ahead of the New Year due to massive liquidity limitations. Investors should not be surprised to see unexpected event risk, and weak speculative positions, guiding this week’s currency moves as we count down remaining few days of the calendar year.


READ THE ORIGINAL POST AT www.forbes.com