Daily Video Recap (4/23): Euro Rallies as Greece Asks to Activate Aid Package

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Uploaded by on Apr 23, 2010

The Euro rallies as the Greek government formally asked to receive the bailout funds from the EU-IMF aid package. We also had positive fundamentals from the Euro-zone in the form of the IFO business index and new industrial orders. The Pound slid on weak GDP data, but recovered as risk appetite was stronger in NY trading. In addition to higher US equities the US also posted very strong housing sales data.

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  • so the euro/usd whould go up next week?

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