Tag: Greece bailout

EUR/USD Holds Ground as Greece Begins Debt Repayment

The EUR/USD gained modestly in Monday’s European session, as Greece began repaying its debt to the International Monetary Fund and European Central Bank, while...

Markets Await Greek Breakthrough at EU Ministerial Meetings

European stocks soared on Monday, while the euro was relatively unchanged, as investors turned their attention to the European Union ministerial meetings concerning Greece’s...

EUR/USD Slips as Greek Bailout Talks Continue to Stall

The EUR/USD was under pressure on Friday, falling to the mid-1.11 region after the International Monetary Fund walked out of debt negotiations with Greece,...

GBP/USD Strengthens as BOE Maintains Rate

The GBP/USD was mildly supported on Thursday as the Bank of England made no changes to monetary policy, as investors continued to monitor negotiations...

EUR/USD Resumes Uptrend as Bailout Hopes Rise

The EUR/USD continued to soar on Wednesday, as the European Central Bank held interest rates at 0.05% amid growing optimism that a new Greece...

EUR/USD Backtracks as Greek Talks Stall

The EUR/USD tumbled to fresh monthly lows on Wednesday, as talks between Greece and European creditors stalled, raising concerns that Athens was on the...

Greece Debt Talks Continue in Brussels

Talks between Greece and its creditors resumed in Brussels on Thursday, with both sides still far apart on an agreement needed to keep Athens...

Greece Taps into Reserves to Repay IMF

Greece relied on emergency reserves to make a debt interest payment to the International Monetary Fund, a sign the far-left government of Alexis Tsipras has...

Greece Won’t Cross “Red Lines” in Bailout Negotiations

The Greek government will not renege on its campaign promises to voters in its negotiations with creditors, a government spokesperson said on Thursday, raising the likelihood...

EUR/USD Under Pressure as Greek Bailout Crisis Weighs

The euro was little changed against its US counterpart Friday after declining more than 70 pips in the European session, as fresh concerns over...

EUR/USD under Pressure as Greek Debt Talks Continue

The euro was back on its heels on Friday, as European Commission president Jean-Claude Juncker met with Greek Prime Minister Alexis Tsipras in a...

EUR/USD Loses 1.14 Handle as Eurogroup Talks Yield No Results

The euro declined against its US counterpart Monday after Greek and Eurozone finance ministers were unable to reach an agreement about Greece’s bailout program,...

EUR/USD Edges Higher Amid Greek Bailout Talks, Disappointing US Data

The EUR/USD advanced for a second consecutive day on Friday as Greece resumed talks with its Troika of creditors, while the US dollar continued...