Weekly FX roundup: Greek debt weighs on EUR

19 January 2010

The currency markets were largely mixed last week before closing lower across the board against the USD. The markets were driven by a plethora of economic news from around the world, led by China's reserve requirement hike, weaker US economic data, better than expected earnings from Intel and JP Morgan, and a bullish employment report from Australia along with the uncertainty clouding the economic conditions in Greece.

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