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Wednesday, July 1, 2015

Investor Focus Remains on Europe

stocktrading.jpg Home Page News Page The markets remain off-kilter.  The dollar has recouped a little of the ground lost yesterday.   Reports in a Greek paper that Tsipras may be reconsidering Juncker's proposal may prevent a deeper pullback in the euro, which found a bid near $1.1135 after approaching $1.1280 in yesterday's spectacular reversal. Over the next two days, there are an estimated 3.3 bln euro options struck at $1.12 that are set to expire.  The markets remain off-kilter.  The dollar has recouped a little of the ground lost yesterday.   Reports in a Greek paper that Tsipras may be reconsidering Juncker's proposal may prevent a deeper pullback in the euro, which found a bid near $1.1135 after approaching $1.1280 in yesterday's spectacular reversal. Over the next two days, there are an estimated 3.3 bln euro options struck at $1.12 that are set to expire. The markets remain off-kilter.  The dollar has recouped a little of the ground lost yesterday.   Reports in a Greek paper that Tsipras may be reconsidering Juncker's proposal may prevent a deeper pullback in the euro, which found a bid near $1.1135 after approaching $1.1280 in yesterday's spectacular reversal. Over the next two days, there are an estimated 3.3 bln euro options struck at $1.12 that are set to expire.  read more


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