The summer risk rally continued this morning in an overall quiet session. The Euro was able to run stops above 1.4575, but from there, demand dried up quickly. S&P headline which stated that any Greek debt rollover could possibly put Greece in “selective default”, hurt the feel good atmosphere. In addition, Australian retail sales came in weaker than expected at -0.6% m/m vs. 0.3% exp. and... ...More...


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