... EUR/USD is printing a fresh low; now looking to test 1.2700 to the downside.
As US market participants enter the market there is further concern on the situation in Greece following a series of Eurozone official and source comments this morning.
- Greece is considering rolling over up to EUR 5bln in T-bills on November 16th due to possible delay in release of aid tranche.
- Eurozone official says it is very possible there will be a 2nd round of discussions on Greece.
- Greek deputy finance minister says Greece's cash reserves are almost depleted.
- Fitch says further cuts in Euro group interest rates would deliver only modest cash flow relief in 2013-2016.
Print 12:57, 09 Nov 2012 - Market Analysis - Source: RANsquawk
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