News Headline Summary

Greece is set to meet its EUR 30bln target in debt buyback according to sources

Reaction details (11:58)

- In a delayed reaction to this headline;
- EUR/USD prints fresh highs heading into the 1200GMT deadline, breaking above the morning high at 1.2975 in a move higher of 20 pips; trades 1.2995 last.
- Bund futures move lower by 15 pips over 17 minutes from 145.42 to 145.27.
- DAX futures move 15.5 points higher over 21 minutes from 7567.0 to 7582.5; trades 7579.0 last.

11 Dec 2012 - 11:35 - Forex Economic Commentary - Source: Newswires

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