Whats the current Greece situation means for the EURUSD

Well… we have a PROVISIONAL agreement between Greece and the Eurozone… note, i said provisional.

The Greek are going to be running through how this could all pan out throughout today before a final acceptnace is made and the Euro meetings conclude…

So IF the 4 month extension is confirmed what does this mean?

This means that Greece ultimately delay their exit from the Eurozone which will strengthen the Euro…
…with the dovish FOMC right now in terms of delayed rate hikes for the US, this means the EURUSD should go up.

Have a great week all and listen out for further Greece/Euro announcements.

Source (Greek / Eurozone Meetings and Agreements)