Greece Worries Return To The Fore As Bond Swap Negotiations Drag On

Source: Advanced Currency Markets | G10 Advancers and Decliners vs USD JPY 0.02 GBP -0.23 CHF -0.40 EUR -0.49 Friday’s US employment data was extremely encouraging, with the headline non-farm payrolls coming in much stronger than expected at 243k (compared to consensus estimates looking for 140k), and the unemployment rate unexpectedly dropping to 8.3% from 8.5% prior. The release led to a short-term uptick in risk sentiment characterized by a decent rally in USDJPY above 76.70 levels, but that good news… Read More …