The euro faces a volatile start to trading in Asia after Greece was told it must pass legislation on austerity measures through parliament before detailed negotiations with creditors on financial aid can begin. Foreign-exchange markets are scheduled to open officially at 5 a.m. in Sydney, and indicative pricing may emerge sooner. That will provide the first market reaction to developments in Europe, where finance ministers meeting in Brussels demanded Greece enact the reforms or face a suspension from the bloc. The European Union previously set a Sunday deadline to reach a deal with Greece on a rescue. The ebb and ... (full story)