Day: December 6, 2016

Greek Bonds may Soon be Included in ECB Purchases

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The ECB does not include Greek bonds in its sovereign bond purchase operation. However, the progress is being made, and it is possible that starting early next year, the ECB will buy Greek bonds. Greece Deputy Finance Minister Chouliarakis told the EU Parliament that a staff-level agreement is possible before the end of the year. …

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You Can Almost Hear a Pin Drop

Leave a Comment / Expert Analysis / By admin

The foreign exchange market is quiet. Ranges are narrow, with the US dollar mostly consolidating against the major currencies. Given the push lower yesterday, the shallowness of its recovery warns of the greenback’s downside correction after strong gains last month may not be complete. The news stream lends itself to consolidation. The immediate angst over …

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Day: December 6, 2016

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