EURUSD Rally Approaches 1.3000, Greek Talks Ongoing

As we draw to a close the third week of 2012, EURUSD is consolidating just below 1.3000 levels, having rallied steadily from 1.2624 lows on Monday. The reason for the move higher in the euro can be attributed to a number of factors; the most obvious being the way French and Spanish debt auctions were favourably received this week, in spit e of…