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[QUOTE="Vistabrokers, post: 86311, member: 32993"]
[b]Vista Brokers: Market Believed in Greece again[/b]

[img]http://www.hostpic.org/images/1507131111060080.jpg[/img]

On Friday, the euro was increasing against the US dollar and the Japanese yen amid renewed optimism about Greece. Vista Brokers analysts point out that Athens gave creditors a new reform plan, including budget cuts, and this gives hope that Greece will still receive financial assistance and remain in the euro zone. Amid this the EUR / USD has risen by 1.1% to 1.1148 on Friday after touching the peak of July at around 1.1215.

The pair has stopped growing when comments of Fed's head Janet Yellen were more optimistic than the market had expected. According to Yellen, the Fed is getting ready to raise the key interest rate later this year. However, it did not add the US currency enough strength to finish the week higher against a basket of currencies. The dollar index has fallen on Friday by 0.73% to 95.96.

Recall that at the weekend the Greek question was not decided. According to participants of the summit, Greece needs funding in the amount from 82 to 86 billion euros. The country needs 7 billion transfer until 20 July, and another 20.5 billion - until mid-August.
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