Euro holding well despite Greek 'no'
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FOREIGN exchange markets reserved judgement on Greece's place in the euro and the overall solidity of the common currency project on Monday, prodding the euro just over half a cent lower after Greeks voted "No" to further austerity.
The euro had sunk below US$1.10 in initial trade in Asia after a vote that a number of major banks said made a "Grexit" the most likely option to end months of crisis and a cash crunch that has seen Greece's banks almost completely closed for a week.
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