03.07.2015 - We expect strong price movement of euro on Monday

The price of euro corrected upwards before the weekend on the background of fixing positions before the weekend. We recall that on Sunday in Greece will be held a referendum at which the voters of the country will vote for or against the austerity measures and reforms needed to restructure the country's debt. On June 30, the country has not paid the IMF about € 1.6 billion loan, but investors are still waiting for the decision of the Greek crisis, which will become the trigger for a short-term increase in prices. We are still confident about the future decline of the euro against the background of monetary tightening in the US and the program of quantitative easing in the Eurozone.

A Pile of Euro Money

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