The ECB stays on the sidelines in this non-monetary policy decision regarding Greek collateral and emergency liquidity assistance. They continue with the ELA for another two weeks and enlarged it from 65 to 68.3 billion euros. An extension was expected as long as talks continue. These bi-weekly meetings were not events until the recent crisis. The ball remains in the court of politicians, and Greece is expected to submit an application of sorts. Will this fly? We’ll know soon enough. We noted earlier that a summit between Tsipras and Merkel might be needed in order to resolve the current crisis. The assumption is that the small debt struck country will stay within the euro-zone. This could send the euro higher only temporarily, as the ECB’s QE is set to weigh on the common currency. Here is the initial report about the move: #ECB Approves ELA for Greek Banks of €68.3bn for a Period of 2 Weeks, DJ reports. /via @Schuldensuehner#Greece Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next FOMC Meeting Minutes reiterates patience – USD initially down Yohay Elam 8 years The ECB stays on the sidelines in this non-monetary policy decision regarding Greek collateral and emergency liquidity assistance. They continue with the ELA for another two weeks and enlarged it from 65 to 68.3 billion euros. An extension was expected as long as talks continue. These bi-weekly meetings were not events until the recent crisis. The ball remains in the court of politicians, and Greece is expected to submit an application of sorts. Will this fly? We'll know soon enough. We noted earlier that a summit between Tsipras and Merkel might be needed in order to resolve the current crisis.… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
