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16 Apr 2015
Grexit risks increasing – TradeTheNews
FXStreet (Barcelona) - The TradeTheNews Team gives an update regarding the key developments surrounding Greece and the bailout scenario.
Key Quotes
“Greece said to have made an informal approach to delay payments but were told that no rescheduling was possible”
“Greek officials in Washington for scheduled IMF spring meeting sparks more jitters of potential default; The EUR/USD was softer but the pair remained locked within its 5-week trading range.”
“Core European 10-year and 30-year govt bond yields at record lows on safe-haven flows (and ECB QE program).”
“S&P also downgraded Greece sovereign rating further into junk territory on Wed.”
Key Quotes
“Greece said to have made an informal approach to delay payments but were told that no rescheduling was possible”
“Greek officials in Washington for scheduled IMF spring meeting sparks more jitters of potential default; The EUR/USD was softer but the pair remained locked within its 5-week trading range.”
“Core European 10-year and 30-year govt bond yields at record lows on safe-haven flows (and ECB QE program).”
“S&P also downgraded Greece sovereign rating further into junk territory on Wed.”