EUR/USD drops on new Greek strike

After having one on Tuesday, the Greek labor unions have scheduled a 48 hour strike starting tomorrow on protest against the austerity measures to-be agreed upon by the coalition parties.

The EUR/USD has just plunged around 35 pips from 1.3300 level to 1.3265, where the 20-hour MA lies.

Meanwhile, the Troika gave the Greek coalition 15 days to find a way of cutting €300M if they remain against the pensions’ cut.

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