18 May 2015
Greenback gets most out of the day - FXStreet
FXStreet (Guatemala) - Valeria Bednarik, chief analyst at FXStreet noted that the Majors traded on worldwide rising yields and US stocks with the dollar getting the most out of it.
Key Quotes:
"Additionally, the common currency was dumped on speculation Greece won't be able to repay is €1.5B debt payment due in June, spooking investors away from high-yielders."
"The EUR/USD pair flirted with the 1.1300 level, and if even fell briefly below it, during the American afternoon."
"The macroeconomic calendar was pretty light this Monday, although starting Tuesday, first line data will be released daily basis, starting with EU inflation and German ZEW survey both expected to shrink from previous month readings."
Key Quotes:
"Additionally, the common currency was dumped on speculation Greece won't be able to repay is €1.5B debt payment due in June, spooking investors away from high-yielders."
"The EUR/USD pair flirted with the 1.1300 level, and if even fell briefly below it, during the American afternoon."
"The macroeconomic calendar was pretty light this Monday, although starting Tuesday, first line data will be released daily basis, starting with EU inflation and German ZEW survey both expected to shrink from previous month readings."