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Could the Eurogroup Meeting Derail The USD Rally?
Eurogroup Meetings on Monday, March 9 Greek Finance Minister Yanis Varoufakis will present six reform proposal to the Eurogroup on Monday. Details on the proposals are scarce and some apparently could be implemented immediately which raises the importance of the outcome of the meeting. The Head of the Eurogroup Jeroen Dijsselbloemmade positive comments about releasing bailout funds if Greece proceeds with reforms. While Varoufakis comments ahead of the meeting are not a declaration of compliance, his comments about wanting to avoid a Grexit. The EUR pairs will be awaiting more details on the reform proposals and how ... (full story)
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