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A last minute deal has been cobbled together for Greece in an all-night negotiation to keep them in the Eurozone. It was a unanimous agreement that represents some pretty heated feelings and arguments on both sides. Greek Prime Minister, Alexis Tsipras, was forced to accept some very tough concessions in…
There is a busy political and business landscape currently, so a bit more to review today. George Osbourne yesterday delivered a message with plenty of material evidence to support the base aims of his budget, pointing out Greece as a prime example of what happens when you spend and borrow…
Well, I wonder how many were surprised to learn that a deadline extension has been provided to the Greeks in order to submit a plan. Sunday has been given as the new deadline for the Greek government to come up with a proposal that is acceptable to the European nations…
The Greeks still have the door open to make a last minute deal, say the leaders in Germany and France after meeting, but it’s all on the Greeks to come up with something compelling in order to conclude a deal. After five years of this Greek crisis, it must be…
The GBPEUR didn’t have much to show for all the underlying tensions surrounding the Greek situation, spending the majority of the day trading around the same figure and with only minor fluctuations throughout. Against the greenback, however, the Pound lost ground steadily all day losing around a cent by the…
Yesterday’s trading against the EUR was much more cautious than on Monday, with only minor fluctuations recorded through the course of the day. Again, the GBPUSD was more erratic and choppy trading saw a range of more than a cent in Tuesday’s session. The Pound’s fortunes and those of the…
Yesterday saw more jostling in the markets principally, of course, from the continuing situation in Greece. The GBPEUR eased back during the day after posting highs earlier the night before, just peaking over 1.4300 before heading back down again markedly. The GBPUSD endured a choppy, short-range trajectory all day with…
The Pound had a very relaxed transit through yesterday’s trading, easing higher against both the US Dollar and the Euro without being very erratic. With only a handful of impactful trading data sets released, the principal exchanges unfolded without drama. The Australian and New Zealand Dollars, however, have retreated rapidly…
The GBP continued its advance against the USD during the day yesterday, with many analysts watching for any signs of a critical push over the 1.5500 mark. However, the currency fell just shy of breaking ground at these psychological levels and instead retreated back over the course of the evening…
The Pound had a much stronger day against the Dollar yesterday after a choppy start to the trading day. GBP has pushed confidently higher against the Greenback and even continued this morning as we have opened, presenting opportunities for USD buyers . The GBPEUR story was far more balanced with…