Important Updates

ECB agrees to help out Greece by contributing to bailout package!

Euro not to be under pressure now! as European governments consider cutting interest rates on emergency loans to Greece!

Gold has moved in the range between $1,700 and $1,760 since the beginning of the month! Any good news from Greece is bound to push gold up!

Silver all smiles! Spot silver edged up 0.2 percent to $33.52, off a three-week low of $32.64 hit in the previous session. The metal remained the top performer of the complex with a 21 percent year-to-day climb.

Time to Trade in Euro! Euro stood at $1.3132, after bouncing off a three-week trough around $1.2973. It found good support at $1.2975, the 50 percent entrancement of the $1.2623-1.3321 move.

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