Posted by Zeb BhamForeign exchange markets are unlikely to be greatly boosted by the positive outcome of a conference call yesterday (September 14th) between French president Nicolas Sarkozy, German chancellor Angela Merkel and Greek prime minister George Papandreou.That is according to UniCredit Global Research in Milan economist Tullia Bucco, who told Bloomberg that despite Greece's commitment to meeting debt-reduction targets: "The road to the implementation of the second aid package is still quite long and may prove bumpy."In forex trading at 08:43 local time in Berlin today the single currency was at $1.3731, an increase of 0.1 per cent on the level seen the previous day, reports the news source.Analysts may now be looking to a meeting between the European Union's Economic and Financial Affairs Council and Timothy Geithner, US secretary of the treasury commencing tomorrow for further clues about the economic situation.In comments made to Bloomberg earlier this week, chief global economist at Capital Economics in London Julian Jessop stated Mr Geithner's attendance is a signal of the US's "nervousness" about the eurozone.For more information on foreign exchange treasury services and risk management, visit our Corporate FX site