U.S. Dollar Momentum Builds as Greek Concerns Linger

Despite the €130 billion bailout agreed upon yesterday for Greece, market participants are questioning the ability of the Greek government to fully implement the necessary measures. Earlier today, Fitch Ratings cut Greece’s long-term ratings to C from CCC, a sign that a default is indeed coming in the next few weeks.

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U.S. Dollar Momentum Builds as Greek Concerns Linger