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By Simon Smith chief economist at FX pro.
Good morning Simon -- you guys gonna hold onto those game undefeated dust here in the US.
I think so we just sit and just having a bit of a sigh of relief really -- to the big events over the last week -- see the Fed last week and also more recently.
China this -- as we've had from that both of those at least China has receded a little perhaps the thinking is of the phase of the federal perhaps initiative have done so I think was just more.
But of a sigh of relief than any sort of big rally ahead.
I see okay and that you know I thought that the whole Greece thing that had traders but a year ago or two so flummoxed.
Was now kind of behind us we don't have to worry but lately -- have seen even rumblings of worries in Greece is there anything on that score today.
Yes I mean wouldn't it generally here is that we've seen yields rising -- partly off the back of what we've seen from the US the US you've -- it's cold up.
In general bond yields in Europe but most is pulled up -- in Italy Spain.
Greece or say they're there all worries about Greece is always -- underlying worries the latest being that I'm past that need to do some more spending cuts before the IMF worrisome next -- because and they Rihanna have to see.
Once right here funding ahead before they -- -- -- countries that's there's also the headlines on its city today the FC.
About the way they used derivatives in the late nineties to squeeze into the year it says no way -- did -- that -- been hitting the headlines because it's.
Creating some bigger cost for them but also indicates in some ways possibly Mario -- the current head of the ECB.
All right nicely handled thank you very much Simon Smith chief economist at FX pro -- today --
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