EU spokesperson: Encouraged by progress in Greek bailout talks

FXStreet (Córdoba) - European Commission's spokesperson said that they are encouraged by the recent discussions over the Greek bailout and that the first disbursement ahead of the ECB's payment on August 20th is "ambitious but realistic".

She said that constructive Greek collaboration should allow quick progress on bailout.

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AUD/USD: a sell on the rally?

AUD/USD is currently trading at 0.7414 with a high of 0.7428and a low of 0.7263.
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