Euro falls due to uncertainty in negotiation

Euro falls due to the uncertainty in the negotiation of Greece and the eurozone

On Wednesday
evening the euro has fallen to a seven-year
low against the pound – while still
under the influence of the Greek conflict. TO
16:55 MSK on the EUR / GBP pair has reached a point
0.7396 – the lowest since January 2008. Yesterday
the pair closed at 0.7422.

As reported
foreign media today are waiting for Greece
intensive talks with representatives
The European Union. At the meeting must
decide what to do next – t. To through.
two weeks of the current term expires
on economic aid agreement
Greece from evrokreditorov. A
the new Greek government as
known, it does not intend to renew it
agreement, t. To. wants to decide for itself
their problems. And all this only strengthens
fears that the conflict with the international
creditors will lead to Greece’s exit
from the euro zone.

against
euro dollar today has fallen dramatically in the afternoon,
approximately at 14:30 MSK – EUR / USD pair reached
to the level of 1.1293. Now, to 17:00 MSK, the pair is trading
at the level of 1.1313. It is only against the euro, yen
grown – with EUR / JPY is trading now
at 135.51, up 0.23%.

At the meeting
today the Greek Finance Minister Yanis
Yanis Varoufakis must submit the Eurogroup
requirements of the completion of the international
financial assistance program and the transition
a new restructuring agreement
debt. He wants to achieve "transitional
agreement"To gain time to
of June and a final design
agreement.

"Greece
center of attention, and the Greeks, probably,
will present the plan met with resistance.
So there are bearish for the euro
risk, and after any recovery to $ 1.1360
will sale"- said Jeremy
Stretch from CIBC World Markets.

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Dollar falls awaiting reports from US and Fed

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On Wednesday afternoon US
Dollar drops against the major world
currency. Markets thus preparing for
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minutes of meetings of the Federal
Reserve. Both events have
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rate hikes.

By 11:23 MSK pair EUR / USD
increased by 0.34% – up to 1.1062, rising from
week low reached in
Tuesday – 1.1016. The dollar falls
against yen (0.12%) and CHF.
The dollar index was down by 0.22% – up
mark of 96.78.

Participants hope to market,
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It allows you to see any additional
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restored the position – The AUD / USD rose
0.24% to 0.7360. During previous sessions,
Australian currency dropped to 6% after
for another collapse of the Chinese
shares. A pound was supported
after the release of the inflation report, which
reinforced expectations of a rate hike
Bank of England in the coming months. Couple
GBP / USD rose by 0.17% – up to 1.5687.

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?The bill concerning the manipulation of the Forex market has been approved by the three largest British banks – Barclays PLC, HSBC Holdings and RBS. These financial institutions have agreed to pay compensation to victims of forex manipulation in the US in the amount of 600 million pounds sterlingov.Dannoe decision was taken at a US federal court. Compensation will be paid to a number of applicants, including multinational companies, as well as hedge funds and pension funds that lost money as a result of financial manipulation on the part of Forex bankov.Sredi above three banks the largest costs associated with the manipulation of the currency market and the violation of the legal activities carried Barclays Bank.

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