Oanda sent this today. Is anyone concerned about open positions this weekend? I'm short NU at about break even sitting on a currently 40 pip weekend spread. Predictions welcome.
QuoteDislikedFocus Remains on Greece as Default Risk Grows
Traders should be aware that these issues may cause significant movement and gaps in either direction. They should therefore review their open positions and reduce risk exposure if appropriate.
Investors are zeroed in on the Greek crisis as talks between the cash-strapped country and its European creditors stagger toward a conclusion. With another emergency Eurogroup meeting slated for Saturday morning, Sunday evening is earmarked as the final deadline for a deal to get done.
The fact that this could happen over the weekend is far from ideal as it exposes traders to gaps in the market when it opens next week. We could see significant risk aversion in the markets as traders reduce their exposure to the fallout of a potential breakdown in talks.
By the time financial markets reopen on Monday, Greece will have either secured a bailout deal, or it will default on its 1.6 billion debt repayment owed to the International Monetary Fund. >> Read More http://www.marketpulse.com/20150626/...ult-risk-grows