ECB to maintain restricted ELA to Greek banks - sources

FXStreet (Bali) - ECB is expected to maintain current restricted levels of ELA (Emergency Liquidity Assistance) for Greek banks when governing council talks resume on Monday, according to market sources.

Jul 5, 2015

EUR/JPY collapses below 134.00 on Greek referendum

EUR/JPY has collapsed almost 3 cents from last Friday's NY close a 136.60 to decline as low as 133.70 in interbank-trade before consolidating around the 134.00 handle.

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Jul 5, 2015

Merkel, Hollande push for urgent EU summit

France and Germany are pushing for an urgent summit on Tuesday, reports the BBC, following a phone call between German Chancellor Angela Merkel and French President Francois Hollande. According to market sources, the politicians are calling for other Eurozone leaders to attend.

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