Trader XYZ

Here are a few excerpts from this morning's Wolf on Wall Street Analysis of the Greek Debt DealJust reading the financial media, you would think all is done, all is well, that is not at all what was said in the Finance Minister's statement last night. A few key take aways:-A successful PSI operation is a necessary condition for a successor  program.

The Eurogroup acknowledges the common

Just as the Euro led the market today by gapping up on the passage of the Greek vote, as I suspected, it's now leading the way down and for more then 1 reason.

First the market HATES uncertainty and the lack of comments or at least constructive comments from Greece's task masters today, caused the initial uncertainty in the FX market which effected the stock market (by killing momentum and