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AUD/USD fails again at the breakout as US dollar starts to recover

From hantecfx.com

The volatility in markets continues to play out with the negotiations over Greece remaining unresolved and the prospect of a messy default on the IMF debt growing by the day. With over €2bn of capital flight out of Greek back this week, there are questions now over whether the banks will be able to open up on Monday morning. There is talk of potential capital controls and the European Central Bank will have to make another decision on the European Lending Authority headroom once again. An emergency meeting of the European leaders has been scheduled for Monday as the situation is now seemingly coming to a head. All ... (full story)

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