4 Jun 2015
EUR/USD rises above 1.1300 despite Greek bunding headlines
FXStreet (Córdoba) - EUR/USD managed to climb back above the 1.1300 mark following a sideways phase despite headlines suggesting that Greece will miss its €300 million IMF payment tomorrow and will ask to bundle June payments up to repay €1.5 billion at the end of the month.
The euro doesn’t seem to care, as this won’t be consider a default. Meanwhile, Greek Fin Min has asked creditors to immediately move to more realistic proposals in order to reach an agreement.
EUR/USD climbed to the 1.1320 zone as the dollar faced renewed weakness across the board, eyeing tomorrow's US nonfarm payrolls report. At time of writing, the pair is trading at 1.1300, 0.25% above its opening price.
The euro doesn’t seem to care, as this won’t be consider a default. Meanwhile, Greek Fin Min has asked creditors to immediately move to more realistic proposals in order to reach an agreement.
EUR/USD climbed to the 1.1320 zone as the dollar faced renewed weakness across the board, eyeing tomorrow's US nonfarm payrolls report. At time of writing, the pair is trading at 1.1300, 0.25% above its opening price.