Another risk event joins the calendar in Q1 2015: general elections in Greece where the anti-austerity SYRIZA party could win a majority and challenge Germany’s austerity drive. Greek lawmakers were unable to elect the government’s presidential candidate. Over 120 members voted “present” and not for the president, thus denying a majority of 180 out of 300 members. The final result is 168:132, just like in the second round. 180 votes were needed to elect a president and prevent general elections. The previous two attempts resulted in 160 and 168 votes. The presidential elections were brought forward by Prime Minister Antonis Samaras, in a move that seemed bold at the time but now seems very wrong. He could lose his job. EUR/USD traded around 1.22 before the publication and seems quite stable after the results come out. However, the Athens stock market is collapsing. Greek lawmakers were set to vote in the third and final round of elections for the president. There is only one candidate, Dimas. A failure to approve him as the new representative head of state triggers elections within 40 days. This comes as Greece is in the crossroads regarding its bailout program: it is at loggerheads with the international troika of lenders: EU / ECB / IMF. Greece is better placed now: it has a primary surplus. In addition, the anti-austerity drive is on the rise: left wing Podemos in Spain and right wing National Front in France are taking votes from mainstream center-right and center-left parties. A fresh set of elections is expected to see the anti-bailout, anti-austerity SYRIZA party win over the current government led by the mainstream New Democracy party. A return of the Greek debt crisis is worrying for the euro, even though the danger of contagion is low and the ECB provides quite a few backstops. More: EUR/USD To Fall To 1.12 Without QE Or 1.05 With QE – Morgan Stanley 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 EUR/USD DailyForex News Today: Daily Trading News share Read Next AUD/USD bearish towards 0.8080; EUR/USD bearish towards 1.2042 – Yohay Elam 8 years Another risk event joins the calendar in Q1 2015: general elections in Greece where the anti-austerity SYRIZA party could win a majority and challenge Germany's austerity drive. Greek lawmakers were unable to elect the government's presidential candidate. Over 120 members voted "present" and not for the president, thus denying a majority of 180 out of 300 members. The final result is 168:132, just like in the second round. 180 votes were needed to elect a president and prevent general elections. The previous two attempts resulted in 160 and 168 votes. The presidential elections were brought forward by Prime Minister Antonis… 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.