Greek talks are now officially on hold until the Greferendum on Sunday. The Eurogroup shut the door after the defiant speech from Tsipras. In any case, the team at BTMU sees the euro facing downwards pressure: Here is their view, courtesy of eFXnews: The euro remains very resilient to the marked upturn in risk related … “Greece Risks Contained But Euro Still To Go Lower – BTMU”
Category: Opinions
EUR: What Central Banks Flows Say – Nomura
The value of EUR/USD does not solely depend on Greece. The big players remain the central banks, with their monetary policies and their reserves. The team at Nomura assesses the situation and what it means for the euro: Here is their view, courtesy of eFXnews: The Euro share of global central bank reserves fell significantly again in … “EUR: What Central Banks Flows Say – Nomura”
Analysis: Greek proposal makes sense, but probably unacceptable for
Greece has made a suggestion for a 2 year bailout plan under the ESM. The program includes debt restructuring and the ejection of the IMF. The medium term solution and the other ideas all sound good, but they are probably unacceptable in Germany. Here are the advantages and why chances are low for a YES from Germany: Advantages Long … “Analysis: Greek proposal makes sense, but probably unacceptable for”
5 Reasons Why EUR/USD is higher after the Greek
EUR/USD is trading at 1.1250 already reaching 1.1276, over 100 pips from the close on Friday. Since Friday, the Greek crisis went into overdrive, with the breakup of talks, the Greferendum announcement, the rejection of the bailout, the ECB freeze of ELA and the capital controls. A lot of alarming events. So how come the Sunday … “5 Reasons Why EUR/USD is higher after the Greek”
Greek crisis: will the US force debt relief?
Or to put it in a different way: did Tsipras escalate the situation in order to pull in the US and force Germany to accept relief on Greek debt? Imagining the small debt stricken nation maneuver the world’s superpower seems a bit out there, but the US Treasury secretary Jack Lew has already spoken with the creditors, including his German … “Greek crisis: will the US force debt relief?”
USD/CAD: Trading the Canadian GDP Jun 2015
GDP is a measurement of the production and growth of the economy, and analysts consider GDP one the most important indicators of economic activity. A reading which is better than the market forecast is bullish for the Canadian dollar. Here are all the details, and 5 possible outcomes for USD/CAD. Published on Tuesday at 12:30 … “USD/CAD: Trading the Canadian GDP Jun 2015”
Greece Fallout Continues; How To Play It Outside Of EUR?
The Greek crisis has deteriorated rapidly and has already sent EUR/USD down in an impressive Sunday gap. But the euro is not the only currency at play. There are other impacts, and Citi advises: Here is their view, courtesy of eFXnews: Citi’s take on the initial moves outside of EUR is that they have been a bit … “Greece Fallout Continues; How To Play It Outside Of EUR?”
3 Things To Focus On As Greek Crisis Escalates –
Following the unfolding Greek crisis, which already sent EUR/USD far below, the team at Deutsche Bank weighs in. Here are three things to focus on: Here is their view, courtesy of eFXnews: There have been three major developments on the Greek crisis over the last forty-eight hours,notes Deutsche Bank. “First, the Eurogroup meeting yesterday confirmed … “3 Things To Focus On As Greek Crisis Escalates –”
Get Ready As EUR/USD Begins To Take Center Stage Again
EUR/USD is undergoing consolidation as headlines related to Greece are becoming more confusing. But it’s not only Greece: the pair has bigger drivers, and they could send it in a clear direction. The team at Citi weighs in: Here is their view, courtesy of eFXnews: The two major trends at the start of the year, … “Get Ready As EUR/USD Begins To Take Center Stage Again”
4 Reasons To Stay Long USD/JPY Targeting 128 – Deutsche
Dollar/yen has corrected its big gains and then began some kind of consolidation within a slightly lower range. What’s next for this major pair? The team at Deutsche Bank lists 4 reasons for an upside move to new multi-year highs: Here is their view, courtesy of eFXnews: In a note to clients today, Deutsche Bank advises clients … “4 Reasons To Stay Long USD/JPY Targeting 128 – Deutsche”