More volatility expected for the euro as the Greek parliament
prepares for vote tomorrow, 29 June, on the austerity plan prepared by
the Greek Prime Minister. A positive vote is necessary before Greece can benefit
from the last tranche of loan from the 2010 aid plan. Without a positive vote,
default is expected.
The Greek debt crisis and the risk of potential default may boost
Gold. Both gold and silver are gaining.
US Home Price
Index due out 13:00 GMT is forecasted to show a decrease in home prices
reflecting a US economy that is loosing momentum. US Consumer Confidence is due
at 14:00GMT. Traders expect that the US Federal Reserve will delay any rate