For more on the article from Bloomberg, click here
With respect to this news, I’m very confident that we’ll see the following in this week, or at the very least, early next week:
1. EUR/GBP will trade above 0.9000
2. EUR/USD should break 1.3700 and head towards 1.4000
With the issues in Greece resolved, market will once again be confident in the EURO, and in term we should see risk appetite returning to the market, but the focus should be on Euro recovering from the last few months of sell off pressures… I wouldn’t be surprised to see EUR/JPY above 135 or EUR/USD above 1.40 anytime soon.