German CDU Lawmaker: Merkel’s party could refuse Greek bailout extension

FXStreet (Córdoba) - German CDU lawmaker Krichbaum has said that Merkel's party could reject the proposal to extend the Greek bailout, via Tagesspiegel.

Jun 11, 2015

NZD/USD underperforming, falling to fresh lows on RBNZ cut – Scotiabank

Eric Theoret, CFA, CMT, Currency Strategist at Scotiabank, notes that the focus for NZD/USD remains to the downside towards 0.6850, with the pair trading soft after the RBNZ cut rates by 25bps.

NZD/USD drops to 0.6965, lowest since Sept 2010

The NZD/USD pair fell to 0.6965, its lowest level since September 2010 after an upbeat retail sales and jobless claims data in the US strengthened the bid tone on the US dollar.