OctaFX | OctaFX Forex Broker
Open trading account

Greek elections coming up - TDS

FXStreet (Guatemala) - Analysts at TD Securities noted the Greek elections coming up this weekend.

Key Quotes:

"Greeks return to the polls on Sunday—for the fifth time in six years. Pre-election polls suggest the race is tight, with Greeks equally likely to elect a government led by a party that has always supported austerity (New Democracy) or one that has only recently supported austerity (Syriza). As a result, we see this as largely inconsequential, as with bailout funding secured until June 2016, the markets can largely look past the outcome."

USD/CAD bounced near 1.3000 back to 1.3150

USD/CAD rebounded sharply during the American session and trimmed most of the losses. The pair bottomed earlier at 1.3010, the lowest level in a month but then rose more than 150 pips from the lows.
Read more Previous

AUD/NZD fails to end week above 1.1300

The aussie is about to end the week with modest gains versus the New Zealand Dollar but below a key technical level.
Read more Next
Start livechat