Greece ready to send ESM request letter

FXStreet (Córdoba) - According to sources, Greece is ready to send ESM (European Stability Mechanism) request letter for a new aid program.

Reports suggest that Greece is looking for a 3-month emergency bridge financing loan, followed by a 2-3 year bailout via the ESM.

GBP/USD breaks trendline; More downside ahead?

The pound had the worst day in months against the US dollar on Tuesday and is about to end the day with several bearish signals.
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Grexit fears support greenback - FXStreet

Valeria Bednarik, chief analyst at FXStreet noted the potential of a Grexit has kept the greenback on demand this Tuesday, with the American currency raising to multi-weeks highs against its European rivals.
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