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Greek banks re-open but capital controls still in place

Greek banks once again began to re-open after almost 3 weeks being closed, although capital controls are still in place with the limit being tweaked slightly to €420

By Richard Nehme | July 21, 2015 10:18 BST
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We had only one piece of data on Monday which came in the form of German PPI, it came in as expected at -0.1% MOM keeping the YOY figure at -1.4%. As it was very much low impact this of cause had no change on the market and EUR/USD was left to trade between the support at 1.0801 and the resistance at 1.0881. This morning EUR/USD has opened at 1.0826 [...]

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