Intraday Market Thoughts

EURUSD breaks back below 1.43 on prolonged Greek debt negotiation deadlock.

by Ashraf Laidi
Jun 15, 2011 17:17

EURUSD breaks back below 1.43 on prolonged Greek debt negotiation deadlock.

Our latest premium piece identifies the trading dynamics over the next 24-48 hours over EURUSD and EURJPY.

The Euro is bearing most of brunt of the latest deterioration in risk appetite. We are seeing US Crude oil able to hold above the 97 support so far, therefore we need to assess whether this Euro deterioration will spill over on to risk assets.

To access todays premium piece click: http://www.ashraflaidi.com/products/sub01/access/?a=440

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