1 Jul 2015
Greenback stands victorious - FXStreet
FXStreet (Guatemala) - Valeria Bednarik, chief analyst at FXStreet explained that the American dollar stands victorious across the forex board, in another long day of tugs of war between Greece and its creditors.
Key Quotes:
"After the country finally defaulted and last-minute negotiations failed, news on Wednesday showed that Tsipras sent a letter to its European counterparts, accepting the latest proposal, but with some conditions."
"But later on in the day, he asked on national television for a "NO" vote in the weekend referendum, forcing Dijsselbloem to announce an end of negotiations until after the referendum."
"Also, a surprisingly positive ADP survey in the US boosted the greenback, as the private sector created 237,000 new jobs in June, whilst the US Markit manufacturing PMI rose up to 53.5, and the ISM one resulted at 53.5, both beating expectations."
Key Quotes:
"After the country finally defaulted and last-minute negotiations failed, news on Wednesday showed that Tsipras sent a letter to its European counterparts, accepting the latest proposal, but with some conditions."
"But later on in the day, he asked on national television for a "NO" vote in the weekend referendum, forcing Dijsselbloem to announce an end of negotiations until after the referendum."
"Also, a surprisingly positive ADP survey in the US boosted the greenback, as the private sector created 237,000 new jobs in June, whilst the US Markit manufacturing PMI rose up to 53.5, and the ISM one resulted at 53.5, both beating expectations."