While EUR has struggled under the pressure of Greek crisis on Wednesday, the dollar is trying to save current positions after good data from the US housing market, which increased chances of a rate increase from the Fed in September. Now the euro is at $1.1270, rolled away from yesterday's high of $1.1330. And despite the exponential calm of European currency in market, experts believe that this is the first sign of coming storm than sustainability.
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Janet Yellen, like most of her colleagues continue to assure international financial markets that the rate will be increased this year. Based on these statements, all market participants will pay special attention to meeting of the central bank this week and try to understand the further course of the Fed.
Recent statistics on the main benchmark grade of oil from the USA showed the total number of produced oil can be reduced in the United States, while demand is increasing rapidly. This news led to a confident price growth on "black gold" in the last week.
Big disagreements of Greece with IMF representatives could trigger the collapse of negotiations between two sides. Yesterday, the IMF delegation announced that they are leaving Brussels and goes home. This decision was taken after the EU demanded that the prime minister of Greece, Alexis Tsipras, stop to put his own interests above the interests of country and start thinking about how to avoid a default.
"New Zealander" fell to the almost minimum of last five years. This is due to the fact that Graeme Wheeler, the head of the Central Bank, caused panic with his statements in the currency market. At this rate, NZD will soon reach its lowest level since September 2011, and that is all because of the fact that the RBNZ lowered its benchmark interest rate to 3.25%.
As it was expected, Greece is not going to pay the IMF's 305 millions euros on June 5. This refusal can go sideways to Athens, as the agreement between them and creditors has not been achieved yet. This refusal can go sideways to Athens, as the agreement between them and creditors has not been achieved yet. The Greeks are going to combine all payments into one, which will be 1.6 billion euros. A spokesman of the IMF, Gerry Rice, said that the International Monetary Fund had been warned by the Greek authorities to combine all payments into one, which must be paid till the end of June.
On the 23rd of March, 2015 Optimal Payments, which is a global provider of online payments solutions offering NETBANX and NETELLER services, has publicly proposed to acquire SKRILL, a privately held global provider of digital payments, for a value of approximately €1.1 billion.