Daily Forex Report – USD lower on rumor of a €20 billion Greek bailout plan

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USD: Lower, equities and commodities rally, risk appetite improves on Greek rescue rumors JPY: Lower, tracking equities and selling in cross trade EUR: Higher, Greek rescue speculation and technical bounce on record net spec short on the IMM GBP: Higher, trade balance widens, retail sales decline, house prices rise CAD and AUD: AUD & CAD higher, improving risk [...]