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Greece and the EURUSD: Will Logic Prevail?

Greece and the EURUSD: Will Logic Prevail?

5 Years ago | July 07, 2015 00:00:00

By any sense of logic there is an incentive on both sides to come up with an agreement to resolve the Greek debt crisis and avert a Grexit. However, the same case could have been made before the referendum where Greeks voted an emphatic NO to the latest proposal. This has led to an end game where the ball has been tossed into Greece’s court to come up with proposals that would be acceptable to the creditors while satisfying the anti-austerity mood back home. This is a tightrope act even the most skilled daredevil would have trouble navigating. So will logic prevail or will irreconcilable differences lead to a divorce?

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