The Traderszone Network

Published in TZ Latest News 5 July, 2015 by The TZ Newswire Staff

Risk Off: FX Carry Trades Tumble, Euro Opens Under 1.10; USDJPY Under 121

With nearly 60% of the Greek refrendum vote counted, and the No’s leading by a landslide 61%, it is clear that the Troika’s gambit failed, unless as Goldman wrote and we first noted, it was the ECB’s intention to force a Grexit all along, thus permitting the ECB to engage in more QE: QE which would in Goldman’s estimation, push the EURUS

read more