Euro Drops After Moody's Downgrades Portugal

Quote from doublechin:

Euro straight back above where it was trading on that announcement.
Good Greek auction good MRO allocation and good BMW noises
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Excellent Greek auction :

July 13 (Bloomberg) -- Greece sold 1.625 billion euros of 26-week Treasury bills at a yield of 4.65 percent, the debt agency said today. Investors bid for 3.64 times the securities offered, the Public Debt Management Agency in Athens said.

http://noir.bloomberg.com/apps/news?pid=20601087&sid=aQdMulqT_Rco&pos=2

Greece Sells Treasury Bills at 4.65%, Less Than Rate EU Wants for Bailout. LOL !
 
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