FX Traders Bet On Imminent Resolution To Greece Talks

Source: Advanced Currency Markets |

G10 Advancers and Decliners vs USD
EUR 0.17
CHF 0.16
GBP 0.07
JPY -0.24
Greece failed deliver on yet another deadline yesterday, leaving bailout talks and bond swap negotiations still without an official conclusion. However, markets appear to have given Greece the benefit of the doubt that discussions are entering their final stages, and that an announcement could be forthcoming after today’s Eurogroup meeting. Looking at the price action from the euro (now trading…

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