EUR crosses/EUR/USD

Quick overview of the Asian market

  • EUR saw plenty of volatility as Greek-debt headlines hit the newswires:
  • The overall new debt terms will be easier for Greece to repay but they still must meet stringent guidelines:
  • EUR/USD didn’t quite manage to trigger stops above 1.3005 and has settled back into very quiet ranges:
  • EUR/JPY tumbled hard at one stage as the market mis-read some headlines relating to interest rates:
  • Japanese press reports relating to a possible new economic stimulus package also helped EUR/JPY recover.
  1. Hi Sean,
    I’m looking to short at 3000 as the Greek deal was already priced in, so I see little upside for EUR/USD. Have you heard about large offers 3020-3040?

Leave a Reply

Your email address will not be published. Required fields are marked *