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Forex Weekly Outlook Feb. 27-Mar. 2
The US dollar was hit and the euro surged as optimism eventually followed the Greek bailout announcement. The upcoming week features the long awaited appearances by Ben Bernanke, updated US GDP and the long awaited LTRO of the ECB (cash to eurobanks), among other events. Wednesday, February 29th, is of high importance. Will the picture around Greece change after European banks get more money? Here is an outlook for the major market moving events awaiting us. Despite the strong sentiment, there are too many reasons to doubt the Greek deal: rapid approval of news measures by Greece, unknown IMF contribution and doubts ... (full story)
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