FX Daily

 

FX Daily
July 20, 2015 Posted by
The euro is showing some signs of life after the Greek government reopened its banks and released debt payments.
Read More
0 Comments | Join the Discussion

FX Daily
July 15, 2015 Posted by
The IMF released an update on their assessment of Greece concluding that the Country’s debt has become highly unsustainable. The update is a crushing blow to Greece as it seeks to put in place an agreement for a third bailout with creditors.
Read More
0 Comments | Join the Discussion

FX Daily
July 14, 2015 Posted by
The 17 hour marathon negotiations over the weekend between Greece and its creditors yielded a tentative understanding of what would be required for Greece to receive a 3rd bailout tranche. The terms are harsher than those rejected by Tsipras and by voters in the recent referendum, causing a rift within the Syriza party that will likely force a change in the coalition of parties currently in charge in Greece.
Read More
0 Comments | Join the Discussion

FX Daily
July 07, 2015 Posted by
The Greek drama continues, hurting the EUR (now at a 5-week low vs. the USD) as EU finance ministers and leaders meet to discuss Greece’s fate.
Read More
0 Comments | Join the Discussion

FX Daily
July 02, 2015 Posted by
The dollar is slightly weaker after the nonfarm payroll report showed that the economy produced 223K jobs in June and the unemployment rate fell to a 7-year low.
Read More
0 Comments | Join the Discussion

FX Daily
July 01, 2015 Posted by
The U.S. dollar is rallying across the board as investors are flocking towards the greenback in light of the upcoming vote in Greece.
Read More
0 Comments | Join the Discussion

FX Daily
June 30, 2015 Posted by
The euro is stuck in reverse once again as no agreement is at hand and the Greek government is now asking for a new 2-year bailout program.
Read More
0 Comments | Join the Discussion

FX Daily
June 29, 2015 Posted by
The euro is recovering much of its loss as Greek Prime Minister Tsipras rejected the latest aid proposal and called a referendum for a vote on July 5.
Read More
0 Comments | Join the Discussion

FX Daily
June 25, 2015 Posted by
The EUR traded its tightest range in a month versus the dollar as Greece’s negotiations with its creditors continue and it is looking increasingly likely that they will go to the wire. Dueling proposals and a failure to find a compromise....
Read More
0 Comments | Join the Discussion

FX Daily
June 19, 2015 Posted by
Euro has weakened with no deal on Greece yet. As expected, ECB raised Emergency Lending Cap for Greek.....
Read More
0 Comments | Join the Discussion