euro without Greece is a stronger currency

来源: njrookie 2015-06-29 16:23:58 [] [博客] [旧帖] [给我悄悄话] 本文已被阅读: 次 (510 bytes)
previously mkt is worrying about Grexit disintegrating EU, which endangers the euro as a currency.

the consensus now is the effect will modest since central bankers and politicians have more instruments to contain the crisis. it will also serve as a lesson to Sprain/Italy/Portugal to practice fiscal austerity.

so while credit and currency market reacted negatively to the referendum, the currency market has recovered almost all losses.

just my 2c

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