Gold may have rallied and euro sold on the rumor
There was talk in the market that Greek bank Piraeus had run out of cash at ATMs. Stratfor may have been behind the talk but a rumor like that can start anywhere.
Reporters in Greece now report that executives at the bank have official denied the rumor and said everything working properly.
On of the things that rallied was gold, climbing up to $1217 from $1210 but it fell back to $1213. The euro also fell to the lows of the day at 1.1176 but has rebounded to 1.1202.
