Currency traders want clarity as bloopers stoke volatility

World leaders' remarks have sent currency markets into a tailspin

Published Tue, Jun 30, 2015 · 09:50 PM

    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 Alexis Tsipras 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.