Euro burdened by Greece, uncertainty high

June 30, 2015 11:44 PM

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Euro burdened by Greece, uncertainty high

SYDNEY The euro remained on the defensive in Asia on Wednesday as Greece became the first developed economy to default on a loan with the IMF, setting the scene for another day of uneasy action in markets.

Still, it surprised no one when the International Monetary Fund confirmed Greece had missed a payment on its debt, perhaps taking it a step closer to an exit from the euro.

Also read: EU fines 3 banks $520 million over market rigging

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