Eurogroup Meeting: All eyes on Greece as deadline nears – Danske

FXStreet (Barcelona) - Chief Analyst at Danske Bank, Allan von Mehren, previews the Eurogroup meeting scheduled for today.

Key Quotes

“In the euro area the Eurogroup finance ministers meeting will get attention as all eyes are on Greece as the deadline for a deal is approaching. Yesterday EU officials said talks about Greece would be very short at today’s meeting. We do not expect a solution, as there still seems to be a later deadline at next week’s EU leaders summit.”

Dovish Fed: Go neutral on the USD – Nomura

Jens Nordvig, FX Strategist at Nomura, sees the FOMC statement as dovish and hence adopts a wait-and-see approach ahead of the Greece crisis and US data before initiating fresh positions in USD.
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