Please try another search
Euro opened the week sharply lower, together with stock markets as Greek crisis intensified. Greek prime minister Alexis Tsipras called for a referendum on July 5 over the weekend to decide whether to...
EUR/USDCurrent level - 1.1010 The downtrend here is intact with the recent break through 1.1135, heading towards 1.0820 low. Key resistance on the upside lies at 1.1135 and initial support is...
Market Brief World’s financial markets feel the heat as talks between Greece and its creditors remain in deadlock. Alexis Tsipras, Greece’ Prime Minister, called for a referendum on the...
Euro traders face extreme uncertainty this week depending on the direction the situation in Greece takes after the country was forced to implement capital controls over the weekend on the European...
Four years ago I thought the odds of an eventual Grexit were nearly certain. Some people still don't believe so, while others are just beginning to understand the obvious. Former Pimco Co-CEO El-Erian...
The precarious situation Greece has put itself in by calling a referendum will undoubtedly trigger distinct risk-off sentiment, as we write in the research paper Grexit - what if? Greek referendum...
EUR/USDToday’s support: - 1.0980 (main), where correction is possible. Break would give 1.0955, where correction also may be. Then follows 1.0936. Break of the latter would result in 1.0913. If...
Market Movers Market focus will continue to be on Greece, as no agreement was reached this weekend. The Greek government announced a referendum on the bailout package to be held on July 5, which...
The latest IMM data cover the week from 17 June to 23 June 2015 Investors on the whole became more bearish on both EUR and JPY in the week ending 23 June. Notably, net EUR positioning is now back in...
Greece's Prime Minister Tsipras has called for a referendum on the Institutions' proposals. The government recommends a 'No' vote, but argues this is not the same as a vote for 'Grexit'. The most...
We’re seeing a flight for safety in financial markets at the start of the week as investors respond to the actions of the Greek government over the weekend that has set in motion a series of...
The German CPI numbers are without a doubt the largest announcement coming out during the session on Monday. Quite frankly, the most important announcement for the entire week will be the jobs number...
The Chinese central bank is backing its yuan with gold. This may set the yuan as a “New Reserve Currency.”If this happens, a new order in global currencies will appear. This would attract...
After the ECB shut off ELA, prime minister Alexis Tsipras imposed capital controls while blaming the ECB just as I predicted.Of course, that was an easy prediction. Yet, even at the last moment, many...
Greece will hold a referendum this coming weekend on whether to accept a deal outlined by its creditors last week. Assuming that events don't intervene in the days ahead, the vote could determine if...