Greece Can’t Take More Austerity

Any deal between Greece and its lenders concluding its bailout review should not impose additional austerity on the public, government spokesman Dimitris Tzanakopoulos said on Thursday.

“The Greek government is negotiating with responsibility and resolve … but all of that must, however, be without any additional burden, and without additional costs for Greek society,” he told a news briefing.

Reuters

Dollar’s Winning Streak is Over

USD/JPY – Dollar Dips Below 113, Markets Eye Key US Reports

MS

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.