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Costs' Of A Eurozone Exit

Title: Forex - Troika Deadline Looms

Forex News and Events: The global risky rally sustained its earlier gains in Asian session and continued to push higher. Rejuvenated confidence on a the ability of Greece to secure the Troika second bailout package buoyed risk sentiment yesterday, pushing equities higher and pushed Treasury prices and USD lower. EURUSD climbed to 1.3287 from 1.3100 yesterday while AUDUSD jumped to 1.0844. Asian equities kept the optimism going led by a rally in Shanghai up 2.43% and Hang Seng up 1.47%. Weak Japanese trade numbers keep JPY under selling pressure as USDJPY rose to 77.16. In late NY session risk got a big boost from the headlines that the ECB was willing to make a concession and contribute to Greece debt reduction by exchanging Greek bonds with EFSF. And once again Greek government ...

Tags: forex troika deadline • 'document the costs' of a eurozone

FOREX stands for Foreign Exchange - which means currency market. The Forex market is where currencies are sold, bought, in the form of parity. On the Forex market, all currencies are traded in real time, 24h/24h, 7J/7J. The Forex is open since few years to individuals, single investors wishing to diversify their investments or pure speculators. The access to foreign exchange market for individuals is offered through Forex Brokers.
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