A default in Greece could already be significantly priced in, and a US recession, which also looks imminent, could help the US dollar. Not necessarily what you were thinking? It’s the “buy the rumour, sell fact phenomenon.
But there’s one currency and one event to which this phenomenon will not likely apply. In the interview below, David Rodriguez analyses current fundamental topics in forex trading.
Read the rest of the article Greek Default Could Trigger Euro Rally, US Recession Could Aid Dollar
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