Get ‘ready for compromise’ – A.Tsipras

FXStreet (Edinburgh) - Greek PM A.Tsipras has told government GRP to ‘get ready for compromise’ in his speech on the fresh proposals. He also called a party meeting on Friday.

Market participants are still waiting for the new proposals.

Jul 9, 2015

EUR/USD: weakening om prospects of a Grexit - BTMU

Analysts at the Bank of Tokyo-Mitsubishi UFJ, Ltd explained that the euro has been weakening gradually as the likelihood of Greece defaulting and exiting the euro-zone has increased.

EUR/JPY falls to test key support after short-lived recovery

EUR/JPY failed to hold in positive territory and recently printed a fresh daily low at 133.30, where yesterday’s lows lie. The area around 133.00 and 133.30 is a key support zone that capped the decline during May and also several time during the current week. A break lower could open the doors for a bigger slide.