The Traderszone Network

Published in TZ Latest News 12 July, 2015 by The TZ Newswire Staff

EUR Indicated 100 Pips Lower After Tsipras "Mental Waterboarding"

After ramping gloriously on Thursday and Friday, basking in the warm after-glow of an assured done-deal, the FX market appears to be deja-vu-ing all over again as EU leaders throw up all over Greek proposals. EURUSD is indicated 1.1085/1.1056 in pre-market – down around 100 pips from the Friday close – following what one official called “extensive mental waterboarding” of Greek PM Alexis Tsipras.

 

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