The Traderszone Network

Latest data just out
– prev revised down from +1.68
Not a price mover
USDCHF 0.9441 EURCHF 1.0841

This has not been a great year to be a pensioner in Greece. 

Over the course of the country’s fraught bailout talks, Greece’s pension system was frequently in the troika’s crosshairs. As for PM Alexis Tsipras, pension cuts were generally considered to be a so-called “red line” and intractable disagreements over pension reform quite frequently resulted in the total breakdown of negotiations. 

read more

So says fin min Sapin
– will pursue lower deficits through spending cuts
Bloomberg reporting. No further detail at present

As I highlighted in an the recent correlation is still playing out as we saw also in the NY session yesterday
earlier post
EURUSD falling again from 1.1520 to 1.1474 as Chinese equity markets rally strongly

Asian stocks rose, with Japanese shares rebounding from the biggest two-day plunge since 2011, as investors awaited the opening of mainland Chinese markets following Tuesday’s cut in interest rates.

Softer reading for this data out a few moments ago but not a price changer
One for file marked “general picture”
USDJPY focussing on the Nikkei and currently 119.73