With the euphoria of the Greek vote for austerity ebbing, the common currency’s rally appears to be losing some momentum. As reported at 2:34 p.m. (JST) in Tokyo, the Euro was trading against the U.S. Dollar at $1.4514, a gain of 0.1% from late trade in New York but retreating from the $1.4539 peak at the height of investor jubilation yesterday. Where the Euro was earlier finding support was from Asian central bankers who bought heavily after profit taking pushed the common currency down to $1.4467.
