EUR-crosses Catch a Bid on Greek Deal Proposal

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Talking Points:
  • USDOLLAR uptrend thrown into question after EURUSD
  • AUDUSD, USDCAD less affected than European FX.
  • See the DailyFX economic calendar for Friday, July 10, 2015.
Markets like the Greek proposal, even though it’s practically the exact same one the Eurogroup offered Greece, which was taken to referendum and rejected. See the above video for technical considerations in EURUSD, AUDUSD, USDCAD, EURGBP, and the USDOLLAR Index, as well as an overview of recent developments in Greece.

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