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Greeks voting 'oxi' = no, at referendum today

The Greek referendum almost certainly will have a 'no' vote outcome\
With almost all the votes counted now, the 'no's' represent 62% of the votes
It means that Greece has refused any further loans from the IMF and ECB,
and will probably be left to its own devices, sooner or later
Unless some kind of deal is made with Greece soon, they will be out of the Eurozone too
The Eur/Usd is set to open (much) lower (again), like last week when the deal failed
This time though, it will probably not recover…
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Leaving the Euro for what it is

The Greek problem seems like it is going to drag on foreever
So, I am staying out of any Eur trades for now
I, like a lot of traders, have no idea any more what way Eur/Usd is heading
When markets open again I will be concentrating on buying Aud,
the RBA interest decision is Tuesday morning
and most banks believe the interest rate will be left on hold
Aud/Usd is very low at the moment
and I see a cause for longs Aud/Usd targeting (maybe) 0.78 and higher
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Coming week will be about the euro

The coming week will probably be all about the Euro
Germany and other Eur countries say that is necessary that a deal with Greece happens soon
The current proposal is rejected by Greece
Rumors are spreading all throughout the Forex world, and traders are anticipating
Eur/Usd shows no intention of moving down,
which indicates that it is waiting to rally on a Greek deal
On the other hand there is the possibility of a Greek exit
because Germany has said that the current proposal must be accepted
Al…
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Stix avatar
Stix 14 Июнь

Thanks. :) :)

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