Hopes for a Deal on Greek Debt Restructuring Props up the Euro

The euro exchange rate complex has been supported by hopes that a deal on Greek debt can be attained.

An easing of tensions concerning Greece, as well as a short-covering rally, has seen the shared currency stage a strong rebound against the US dollar and pound sterling as we enter February.

We hear from Dukascopy's Louise McCauley tells us about the new Greek government's road show through Europe in an attempt to build consensus for a new deal on debt reduction: