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29 Dec 2014
EUR/USD rises above 1.2200 ahead of Greek vote results
FXStreet (Córdoba) - EUR/USD inched higher and printed fresh daily highs above 1.2200 as markets await the third and final round of presidential election in Greece, with voting taking place from 10.00 GMT.
Prime Minister Antonis Samaras’ candidate, Stavros Dimas, needs 180 votes to become president. A failure to obtain the 180 votes will force PM to call snap elections in 30 days. He only secured 160 votes in the first round and 168 in the second. Results expected from 10:30 GMT.
EUR/USD managed to rise back above 1.2200 and posted a high of 1.2220, but remains within a touching distance of its over 2-year low of 1.2164 scored last week. At time of writing, EUR/USD is trading at 1.2200, recording a 0.18% gain on the day.
Prime Minister Antonis Samaras’ candidate, Stavros Dimas, needs 180 votes to become president. A failure to obtain the 180 votes will force PM to call snap elections in 30 days. He only secured 160 votes in the first round and 168 in the second. Results expected from 10:30 GMT.
EUR/USD managed to rise back above 1.2200 and posted a high of 1.2220, but remains within a touching distance of its over 2-year low of 1.2164 scored last week. At time of writing, EUR/USD is trading at 1.2200, recording a 0.18% gain on the day.