16 Feb 2015
Greece in focus aheda of FOMC minutes - FXStreet
FXStreet (Guatemala) - The EUR/USD pair closed last week with some gains, thus the risk continues to be inclined towards a weaker EUR from the fundamental point of view.
Key Quotes:
"Greece will remain in the limelight, as on Monday, the euro zone finance ministers will have a meeting to discuss how to keep the country solvent in a way that's acceptable to both sides."
"The new PM Tsipras attempts to remove the anti-austerity measures imposed by the Troika, and renegotiate the country's burden debt. Its creditors on the other hand, wants Greece to stick to the program, and honor the large debt the country has with them."
"Furthermore, both the ECB and the FED will release the Minutes of their latest meetings, with the latest expected to be closely scrutinized for hints ahead of April meeting."
Key Quotes:
"Greece will remain in the limelight, as on Monday, the euro zone finance ministers will have a meeting to discuss how to keep the country solvent in a way that's acceptable to both sides."
"The new PM Tsipras attempts to remove the anti-austerity measures imposed by the Troika, and renegotiate the country's burden debt. Its creditors on the other hand, wants Greece to stick to the program, and honor the large debt the country has with them."
"Furthermore, both the ECB and the FED will release the Minutes of their latest meetings, with the latest expected to be closely scrutinized for hints ahead of April meeting."