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Eurogroup’s Dijsselbloem: Confidence has teturned to Greece

Following his meeting with Greek officials, Eurogroup Chairman Jeroen Dijsselbloem crossed the wires, with the key quotes, via Reuters, found below:

  • Last phase of programme was discussed with Greek finance minister Tsakalotos
  • This will be the end of the bailout programme for a clean exit for Greece
  • Confidence has returned to Greece 
  • 'Feasible’ for completion of review by end-2017
  • Greece's Tsakalotos: Common goal is to leave programme without need for another bailout
  • Greece's Tsakalotos: Greek economy is doing better, there is trust in the people working in the negotiations

GBP/USD retakes 1.35 mark but lacking follow through traction

The GBP/USD pair reversed an early dip to sub-1.35 level and has now rebounded over 50-pips from session lows.  The pair's positive traction lacked a
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EUR/USD looks to rebound from 1.1860

After bottoming out in the 1.1860 area, EUR/USD is now looking to pick up some pace following the speech by ECB’s M.Draghi, currently testing the 1.18
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