Euro recovered
on hopes about Greek deal
July
10, 2015
The
Euro recovered slightly against the U.S Dollar on Friday trading session to
trade around the highest level in more than a week.On hopes that Greece
will reach a deal with its creditors before the end of this weekend. And the
decision of European talks will be announced on Sunday about whether to grant
Greece additional emergency loans or
not. Meanwhile, the government continues to close its banks until Monday. On the
other hand, the greenback remained under pressure after the release of
disappointing jobs data on yesterday which showed that U.S.
jobless claims rose to its highest level since February at
297,000 Jobless Claims. And the data will reduce hopes about the hike of U.S interest
rates soon.
