EUR-crosses Catch a Bid on Greek Deal Proposal
- USDOLLAR uptrend thrown into question after EURUSD rally.
- AUDUSD, USDCAD less affected than European FX.
Markets like the Greek proposal, even though it's practically the exact same one the Eurogroup offered Greece, which was taken to referendum and rejected. See the above video for technical considerations in EURUSD, AUDUSD, USDCAD, EURGBP, and the USDOLLAR Index, as well as an overview of recent developments in Greece.
--- Written by Christopher Vecchio, Currency Strategist
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