EUR/USD is being buffeted by comments from ratings agency Moody’s. Moody’s says chance of a rating cut greater than 50% but then follows it up with Greek default risk a low probability event. That said the Greek stock market is down another 4% today.
One Response to “Greek Risk Default “A Low Probabilty Event” – Moody’s”
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AUTOREFRESH 
According to information produced by the EU Commission a credit of up to 90 billion euros is not excluded. source: http://www.handelsblatt.com/politik/international/finanzkrise-die-griechische-30-milliarden-luege;2561456 (use Google translate it’s in german)
Of course a 500 bln is not excluded either hahah.