One of the two events are important to Greece this week achieve positive results. Prime Minister George Was able to get a majority of Parliament, 155 to 138, the austerity policies 5 years worth 28 billion euros, generating a lot of protest action to trigger civil unrest.

Positive results were delete some worries about the threat of default (default) Greece over hutang-hutangnya. Greece must implement austerity measures as a condition of decline eventually comes through the grant worth 12 billion euro from the EU and the IMF. Parliament, however, still have to go through one more important agenda today, to discuss a law that spells out the details of the implementation of the austerity package.

Chancellor of Germany Angela Merkel in Berlin said that the austerity package is a critical step for Greece and the stability of the euro as a whole.

Against the dollar, the euro continued strengthened until it reaches the highest level since June 15. Closed at the range at the end of the session, 1.4431 euro accounting for about 0.5 percent of the strengthened dollar from the opening level.

Strengthening of the euro is also supported by expectations of a rise in interest rates of the European Central bank, ECB, on 7 July. The President of the ECB Jean-Claude Trichet had previously indicated that the ECB is ready to raise interest rates even though some Member States of the eurozone debt crisis still dibelit.

Trichet again mentions the phrase strong vigilance in his statement Tuesday (3/6). Throughout the term of Trichet, the ECB not only raise interest rates after Trichet mentioned the phrase to describe how the attitude of the ECB's response to the threat of inflation.

Positive developments in Europe are increasingly adding to the risk-appetite of market participants. Consequently, the currency-the currency of the previously depressed by terkikisnya risk-appetite has turned strengthened versus the dollar. Instead, the safe-haven currency earlier benefited, has now turned her weakened.

The pound sterling rose to the highest level in the last week and closed down 0.4 percent on a range of strong 1.6061 against the dollar. Similarly, Australia dollar surged to the highest level since June 15, to 1.3 per cent was closed in 1.0672 strengthens against the dollar.

While Switzerland franc corrected about 0.3 percent with traded in a range 0.8345 per dollar at the end of the session. In this case, the weakening of the franc was also triggered by weak economic data from the KOF barometer of Switzerland that was released yesterday, indicated a strengthening of the franc and the European debt crisis negative impact to the economy of Switzerland.

With the decline in part to concerns about Europe, issues facing the US economy had regained prominence. In addition to the indications of slowing down the growth of the US economy that could force the Federal Reserve monetary policy maintain an extra longgarnya for a longer period of time, the u.s. Government also still has to reach the point of appointment on the increase in debt-ceiling (pagu debt).

The Democratic proposal to raise the US debt limit pagu intercepted the Republicans who argue there is no point in adding to the debt if just launched will be used for financing-financing which is not productive. President Barack Obama yesterday said it failed to reach agreement on debt can be significant impact launched for the US economy and the world.