Currency Note Euro

How will the euro react to events in Greece?

By Ricky Bean December 29th, 2014

A bit like for sterling there is a lack of key data releases in the Eurozone although we do have the on-going saga of the Greek Presidential vote to keep markets interested. Expectations are that a general election will have to be called and given that it is highly likely that the anti-austerity party will win the election, it will make for an uncomfortable few months as the Eurozone, the IMF and the new Greek government work out what to do next and whether or not Greece even stays in the Eurozone.

On Friday we do have some data releases for the Eurozone so we could expect some reaction of they are not in line with expectations.

Please keep in contact with your trader over this period so that you don’t get caught out by any sudden and unexpected exchange movements.