Euro receives support as the economy seems to be getting back on track

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EURUSD returned to the 1.1200 area after testing the 1.1080 support zone. Greece’s situation is still unclear as talks have not materialized and the European Commission cut its forecast for Greek gross domestic product in 2015 to 0.5% from a previous estimate of 2.5%. The EUR has received strong support from the idea that Greece may benefit from a controlled default or, the most favorable scenario...

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