Eurusd/gbpusd - page 1976

 
theNews:
Greek referendum to create volatility but euro zone can cope - Italy treasury source

Uncertainty following a "No" vote in the Greek referendum will create market volatility but the euro currency bloc can deal with it, an Italian treasury source said on Sunday.

Italy is prepared to absorb any potential shocks from the Greek crisis, the source said, adding a new rescue plan for Greece must take account of the depth of its economic crisis and include investments and reforms.

"All the member states of the euro zone are committed to preserving the single currency and therefore working to ensure Greece's total financial independence," the source said.

"In any case, this crisis requires the process of euro zone integration to speed up."

Greek referendum to create volatility but euro zone can cope - Italy treasury source | Reuters

According to Goldman Sacs this is all premeditated - they should know : Draghi is their employee

 
nbtrading:
They are already pushing it up

I would not touch this thing not even with a a stick now

BS SNB and ECB - it is easy when you have a printing machines

 
morro:
I would not touch this thing not even with a a stick now BS SNB and ECB - it is easy when you have a printing machines

Probably wise.

 
morro:
I would not touch this thing not even with a a stick now BS SNB and ECB - it is easy when you have a printing machines

A a couple of hours more and they are gong to head for 1.1200 again

 

EURUSD is still staying in bearish channel. Ranges are as expected - but expect increased volatility : the Greek crisis is far from being over

Files:
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CBs giving up? Or not received their orders yet?

 

Brussels says Greece's referendum is ''neither legally nor factually correct'' after Greek voted NO to reject lenders bail-out terms.

 
csc2009:
Brussels says Greece's referendum is ''neither legally nor factually correct'' after Greek voted NO to reject lenders bail-out terms.

What else could we expect from them?

They think that democracy is when they sit in some of the rooms in Brussels, get drunk like crazy (hence the "Duzzy" name for Dijsselbloem - he is never dizzy, because he is always drunk) and decide what new bs to impose as a truth. Nothing new from that bunch

 

ECB did it again : it increased the collateral for Greek banks. That is a 100% political decision that is obviously not made by the ECB but Draghi's bosses. Expect very bad days in Greece. ECB decided to run the Greeks out of EU

 

EUR/USD Limited today in 100 pip it was shown in the 4H chart, but the economic calendar have high volatility expected news within the week.