EUR-USD opens the week under pressure after the latest round of Greece talks with creditors collapsed in less than an hour on Sunday. The pair tested the waters under 1.1200, but Friday's 1.1151 low has remained unchallenged so far. The FOMC on Tuesday and Wednesday this week will be a big focal point that may inhibit directional bias in dollar pairings in the meantime. No policy changes are expected from the Fed, but the statement, economic forecast revisions and Chairperson Yellen's press conference will be scrutinized for hints of when tightening is likely to commence.
from RSS Feed http://ift.tt/1efIbsG
via IFTTT
No comments:
Post a Comment