Greek Plan Sets-Up New Bearish Leg For Dollar
The plan for Greece is sending markets higher across the board, with Nikkei up more than 1.2%, Hang Seng Index +1.7% and China 0.18%, following the…
Bullish We discussed about Forex issue up to date...
Bearish You know, my faith is one that admits some profit...
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Greek Debt
Europe Update
Euro zone summit meeting originally planned for Friday has apparently been delayed – probably until next week or until an agreement can be announced..
Greece: Next Tranche of Aid expected to be approved tomorrow
Greece Next Tranche of Aid expected to be approved tomorrow, The WSJ reports the euro zone Finance ministers will hold a conference call tomorrow a…
12:52 am | Posted in Forex News | Read More »
Greece Banks to Propose Rolling Over 50% of Debt
The Greek parliament is expect to vote on the new austerity package on Wednesday or Thursday. The German finance minister, Wolfgang Schaeuble, made…
EUR Remains Under Pressure Despite EU Pledge as Traders Focus on Greek Austerity Vote Next Week and Italian Banks
At the same time markets were still selling the EUR today as there is no guarantee that the Greek austerity measures will pass the Greek parliament…
3:39 am | Posted in Fundamental Analysis | Read More »
Greece: Cabinet Approves Austerity, European Banks Pressured To Accept Losses
The Greek cabinet has approved a 2012-2015 austerity budget plan as well as laws for its application, a key condition for further EU-IMF help to ta…
An NCPA Distinguished Fellow “Austerity Doesn’t Work”
It shouldn’t take a Greek tragedy to remind us that austerity doesn’t work. It maximizes the pain of necessary adjustment. As with an external defi…
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