Greece offers new proposals ahead of emergency summit

Was expecting such red news on Sunday that would be a basis to catch those following a line of trend? lets see if up or down.

Of course there is a new proposal, if Tsipras was going there with the same old line it would be a total waste of plane tickets.

eurusd up?

new offers but it's the same proposals but in greek lenguage.

let the market start you will know.

1.1364 13 Pips up

I think euro going down

theres a 40+ pip gap on the eur up already

can give website link?

Which platform are you using? All my platforms are still with Friday Closing at ~1.1348 ....

https://secure.easy-forex.com/int/currencyratespage/

I expect his local cash machine ran out of cash, so he had to think quickly....

http://www.xe.com/currencyconverter/convert/?Amount=1&From=EUR&To=USD

xD for sure

eurusd 1.17

yes, its 2.17. Brokers do set the exchange rate at the start of opening of session, otherwise weekend offline trading does not really stand or have any meaning till its open to public totally.

1.17 area next 1.06

today may see 1.145x area after that donno up or down..lolz

Now it is 1.13810....

Just 1.1375 eurusd open

I have few dollars spare in my pocket . I would like to donate. Who would like to have some of them.
@taktto

http://www.savethechildren.org/

If donors God forgive you if donors can not be a day one from the list?

https://secure.savethechildren.org/site/c.8rKLIXMGIpI4E/b.8102415/k.1377/Please_Give_Monthly_to_Save_the_Children/apps/ka/sd/donor.asp

i think eur will fall today, but will rise this week.

http://prntscr.com/7jphj3

http://prntscr.com/7jpl48

During the Asian session, I don't expect much substantially to happen. Moves could be triggered by some rumours which may prove to be false a couple of minutes later. At 8:30 a.m. Brussels time, the ECB will meet to discuss the nes ELA request by Greece to keep their banking system afloat. Eurogroup Finance Ministers meeting is scheduled at 12:30 p.m. but could start later as well. Greece has put forward new proposals taking the initiative to hammer out a "definitive agreement"......what else could that be other than asking for wholesale debt forgiveness or a very accomodative debt restructuring.....something so far unpalatable, even unacceptable for the lenders....I expect very difficult discussions until late night tomorrow. Tsipras does want things to be done in the presence of Chancelor Merkel. Hence, tomorrow eur will probably be lower......

Nothing material going to happen until June 30 when IMF installment is due. Greece is going to make that payment to continue the drama. That is my humble opinion.$64

Since the election ECB has raised the ELA ceiling from $65 billion to $98 billion now, effectively adding 33 billions euro to Greek banking system. And EZ officials keep haggling over release of remaining 8 billions of bailout. This is for consumption by public in their individual countries where they can say we are being tough with Greece. At this rate of increase in ELA, Greece has no need for bailout ever and they can make all the due payments with no problem.


This is the most impressive arrangement where every party is going to be a winner.
Also there will be no default nowhere because ECB will increase ELA just enough so that bailout due installments can be made. ECB can print all the money they want and any way they are planning buy bonds. So they will get some Greek bonds. Tsipras can declare victory because he did not make any concessions and Troika is out. EU officials can declare victory in their own country because they did not release any additional bailout money. Essentially the debt is going from troika to ECB.

gold
Gold already made the move down than I expected now and 2117 and then 2264.46 in order to complete

Germany 30 cash
10980.30 then
to go up then to rise to 11314.1 for the giant fall

UJ 110 noww

this uj and a sly currency I do not much like it lol

they say that gold goes to $ 25,000 I'll buy a $ 880 soon 1 ton

I dont know what is so tough for greece to figure out... In the first place they got screwed by the EURO.. when the EURO doubled in value from like .80 to almost 1.50 or 1.60... and during that time.. GREEK economy was completely destroyed.... and now GREECE feels like they owe someting to the Europeans???? How dumb are they ... just default.. and be like listen farts, u already made your money on interest prolly two times over... now GTFO.. and just default.... if u dont wanna lend to us for a decade cause we default.. that is fine with us.. go away EURO.

Who says that?

This prime minister is elected by the citizens to end the situation of high taxes and recession! If he goes against the people, people will take him out of the government.
German people is pressuring Merkel not to give out to Greek demands.

I see a very hard negotiation. To be honest, I expect the worst.
Let's wait and see.

Don't worry "nunonuk",nothing serious will be happen ,the Greeks will remain in the Euro area, paying the enormous amount of interest as the Troika wants.The creditors have not any interest to put in default the Greeks. The problem is not any more economic but political,due to the other countries ,like Italy,Spain ,Portugal whiche they have also a Big debit with EU.
Remember that, the Glass is mid Full and non mid empty.
Regards Angelo

WOW..talk about the 11th hour..

uk100 went up 83%