Posts Tagged ‘Greece’
If a man will begin with certainties, he shall end in doubts; but if he will be content to begin with doubts he shall end in certainties ~ Sir Francis Bacon Good morning. The euro started the week under pressure, testing bids around $1.3050 earlier today. Ongoing decline is a result of yesterday’s meeting between Greek PM [...]
Grece is back in the spotlight this week. The negotiations with privat investors on a greek haircut was put on hold Friday.
Senior Strategist Ib Fredslund Madsen takes a look at the week ahead.
Legal information
Video courtesy of en.jyskebank.tv
After focusing on Greece investors this week point the spotlight at Italy.
Senior Strategist Ib Fredslund Madsen outlines the coming week.
Legal information
Quotable
And were an epitaph to be my story I’d have a short one ready for my own. I would have written of me on my stone: I had a lover’s quarrel with the world.
Robert Frost
Commentary & Analysis
This is the 21st century, which is why we should bail out Greece.
You see it a lot in historic [...]
Source: ForexYard
After Greece passed its austerity budget in parliament yesterday, the governments of Europe have been analyzing and speculating about what comes next. Though securing another installment of its International Monetary Fund (IMF) bailout, the citizens of Greece expressed their anger at the measure in a day of intense rioting and violence.
Protesters were filling the [...]
That is the question weighing on the market right now as the in-fighting amongst Euro zone members appears to be dominating discussions. With no resolution in sight, risk aversion is heightened in the marketplace as global markets have sold off and the US dollar has strengthened on the flight to safety trade.
This is clearly the [...]
Quote of the day:“Nothing is as simple as we hope it will be.” - Jim Horning
EURUSD – 1.4429 @06:46 GMT
Good morning. The euro recovered from 1.4330 where support was found but current recovery looks corrective and the pair may continue to fall on Greek worries. Intraday resistance is being tested at 1.4430/50 at time of writing, [...]
Well Friday afternoon certainly saw the resurgence of Greece to No.1 in the markets pop charts with talk of them leaving the Eurozone and sailing off into the sunset across of sea of un-fundable debt. Since then it would appear that every Eurocrat and even the Greek’s themselves have been instructed, in small boy and [...]
Not sure if this is good news or bad…
Trichet also reiterates little risk of a double-dip recessions, as he said at the monthly press conference on Thursday.
EUR/USD is consolidating losses in the 1.2740s.
