Euro sentiment turns upbeat after Greek deal

Euro symbol

Market sentiment on the euro showed signs of moderate improvement last week amid major talks between politicians in Athens and Brussels, with EUR/USD trading at 1.3191 as FX Week went to press on February 10, having started the week at 1.3052, according to data from Thomson Reuters.

The rally followed an agreement between eurozone finance ministers on February 9 that Greece must enact a new round of austerity measures before it can receive a crucial €130 billion of bail-out funds.

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