WORLD FOREX: Euro Rises As Investors Hope For A Greek Deal

January 27, 2012

NEW YORK (Dow Jones)–The euro rose to a six-week high Friday as investors became more optimistic that Greece and its private-sector creditors would reach an agreement.

Reports on the progress of the talks, including a comment on Friday by Finance Minister Evangelos Venizelos that Greece was one step away from concluding a deal on the EUR100 billion ($132 billion) debt write-down plan, helped build positive expectations. A deal has appeared close for much …

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