Comment on The Euro spikes after Yanis Varoufakis resigns

The Euro spikes after Yanis Varoufakis resigns

News that Yanis Varoufakis has resigned as Greece’s Finance Minister has seen the euro surge. The EUR/USD currently buys 1.1070 having hit a high of 1.1082 at 4pm in Sydney (7am BST). Earlier in the session the pair had traded as low as 1.0970. The gains against the US dollar are being replicated in other currency pairs.

 

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