EUR/USD is little changed despite news from Greece that the country's 2013 budget, containing a multi-billion euro austerity package, has been passed in parliament. David Scutt, currency trader at Arab Bank says the news was largely expected by the markets. It means Greece "kicks the can down the road" for another few months, giving it some financial breathing space. The EUR/USD is now at 1.2717, little changed since the vote news, but up from an intraday low of 1.2699 in early Asia trading.
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