Eurozone deal brings relief in forex spot and options

Tim Carrington at RBS
Tim Carrington, RBS

Foreign exchange traders welcomed the set of proposals unveiled by European Union leaders in Brussels early yesterday morning to stabilise the debt crisis, expressing hope the package of measures will remove tail risk from the markets.

EU leaders agreed Greece's public debt should be reduced to 120% of GDP by 2020, with private investors taking a 50% cut to the face value of their bonds. Eurozone member states are to contribute up to €30 billion to the private sector involvement package and a

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free registration? Click here

This address will be used to create your account

Stemming the tide of rising FX settlement risk

As the trading of emerging markets currencies gathers pace and broader uncertainty sweeps across financial markets, CLS is exploring alternative services designed to mitigate settlement risk for the FX market

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here