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29 Dec 2014
Greece tipping the scales in favour of the dollar - FXStreet
FXStreet (Guatemala) - Valeria Bednarik, chief analyst at FXStreet, explained the European lead into the US session.
Key Quotes:
“Markets were trading in holiday mode early this Monday, until the news coming from Greece tipped the scales in dollar’s favour”.
“The third ballot in the Greek Parliament failed to elect a president, triggering a snap election for upcoming January”.
“A couple hours later the IMF said it won’t finish Greece’s latest bailout review until government I formed”.
“The sixth trench of the IMF’s loan program worth $35B, aimed to rescue the country, is now on doubt and so is the continuation of Greece as an EZ member”.
Key Quotes:
“Markets were trading in holiday mode early this Monday, until the news coming from Greece tipped the scales in dollar’s favour”.
“The third ballot in the Greek Parliament failed to elect a president, triggering a snap election for upcoming January”.
“A couple hours later the IMF said it won’t finish Greece’s latest bailout review until government I formed”.
“The sixth trench of the IMF’s loan program worth $35B, aimed to rescue the country, is now on doubt and so is the continuation of Greece as an EZ member”.