Risk Firms in Asia

Article Image Source: Advanced Currency Markets |

G10 Advancers and Decliners vs USD
EUR 0.13
CHF 0.05
GBP 0.04
JPY -0.24
Risk appetite firmed in Asian session on the back of the postive Greek headlines “Fin Min on track to approve second Greek bailout package on Monday”. There were also rumors (several newswires and Die Welt) that the ECB might plan to swap its current holding of Greek paper for newly issued debt. The key feature of the new bond would be the shift of jurisdiction to English law from Greek law. …

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