Greece should hold a referendum if it wants – German FinMin Schaeuble

FXStreet (Mumbai) - Greece should hold a referendum if it wants, German Foreign Minister Wolfgang Schaeuble said on Monday.

Key Quotes:

"If the Greek government thinks it must hold a referendum, then let it hold a referendum,"

"That might even be a helpful measure for the Greek people to decide whether it is ready to accept what is necessary, or whether it wants something different."

Higher treasury yields boost USD/JPY beyond 120.00

The US dollar remains heavily bid versus the Japanese yen in the European morning, lifting USD/JPY towards 120.50 levels, largely on the back of rising US treasury yields amid a data-light trading session. While market awaits US JOLTS jobs openings numbers and Fed’s Williams speech for further momentum.
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Forex news: Medium-term risks lurk for GBP – RBS

The RBS Research Team, explain that after the election result euphoria fades, the attention will divert for GBP/USD towards weaker UK fundamentals, which implies that the pair might trend lower through 2015.
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