Comprehensive FX and Futures Daily Commentary
Daily Market Commentary EUR/USD Plunges as Portugal Enters Fray The EUR/USD has plunged beneath previous March highs in reaction to IMF involvement in Greece’s financial assistance becoming more likely. France is beginning to turn Germany’s way, favoring IMF involvement on a certain level, and not until Greece is unable to attain financing on its own two legs. Investors reacted negatively to the news, sending the EUR/USD back to levels not seen since May 2009. Adding to the EUR/USD’s downward
