Posted on July 2, 2010 at 3:37pm
July Forex Market outlook and articles explains 6 forex Management.com
To start off, a 12m ECB liquidity tender maturing on July 1 and a 3m tender on June 30 will be in place along side with the election of a new German president. German state delegates will have several rounds of elections for this, and the first ballot result is expected to be published around 1200GMT. Any hesitation from either the election or the ECB tender would not yield well for the euro.
The credit… Continue