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Here Is How To Trade Greece's End-Game In FX - BNPP
In its last week's FX note to clients, BNP Paribas recommends selling EUR/JPY as the best FX play to trade the outcome of the Greek Referendum. Today, BNPP is out with its game-plan to trade this weekend’s eurozone leaders' summit which BNPP sees as the end-game for Greece. The stakes are high for this weekend: "The stakes are high for this weekend’s eurozone leaders’ summit. The message to Greece is clear: a deal must be reached or it leaves the eurozone. This situation is likely to produce a binary outcome for markets, including FX. We assess the best ways to trade this outcome over the weekend," BNPP ... (full story)
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