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Recovery on track despite initial hiccups for Greece

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G10 Advancers and Decliners vs USD
GBP 0.35
CHF -0.06
EUR -0.10
JPY -0.26
The JPY fell against higher- yielding currencies as signs that a worldwide economic recovery is gaining momentum boosted demand for riskier assets and after a report showed UK house prices rose for a ninth straight month and before data forecast to show the US housing market is stabilizing. The EURJPY increased to 126.11 while AUDJPY increased to 87.61, the highest since September 2008. The…

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