Market Review

Daily market overview – 25/06/2015

The Greek deal circus show continues and the rest of the world seems not to exist.
Markets fear that failure to overcome the impasse may lead to a Greek default and push the country out of the Eurozone, triggering as-yet unknown consequences for the currency bloc and the world economy at large.
With that in mind, traders are anxiously awaiting confirmed signs of a breakthrough or a final collapse of negotiations without further room to maneuver.
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was steady at 95.44, down 0.01%. EUR/USD traded yesterday at 1.1204, up 0.01%, while AUD/USD changed hands at 0.7708, up 0.07%. USD/JPY traded at 123.85, flat.

Key Market data today- June 25th:
13:45 – USD: Service PMI.
23:30 – JPY: National Core CPI.


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