You are here

Currency traders want clarity as bloopers stoke volatility

World leaders' remarks have sent currency markets into a tailspin

The euro tumbled after Prime Minister Alexis Tsipras (above, seen on Greek TV) was reported by a Greek official last week to have said creditors rejected his latest reform proposal, only to rally when it emerged that it wasn't quite what he meant.

New York

IF there's one thing currency traders want from politicians and central bankers in the second half of the year it's more clarity - and fewer gaffes - on policy direction.

The headlines from the Greek talks are the latest example: the euro tumbled after Prime Minister...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to