Euro Issuance Currency Releases Euro Signal

On Tuesday, the euro / dollar traded narrowly, and the Greek debt negotiations kept the euro in a dilemma.

The European Union plans to make a pition with Greece next Monday at the euro zone finance ministers' meeting.

And this week, the EU leaders and ministerial level breakthroughs in the meeting "expectations are not high."

The euro zone finance ministers' meeting was held on Wednesday and Monday, and the EU leaders' meeting was held on Thursday.

A spokesman for the EU executive committee said, "these are the next steps, but at the moment we are going to be tomorrow."

No final agreement is reached at the Council meeting.

according to

The ultimatum issued to Greece will be the deadline for Greece to extend the international rescue agreement on the 16 day of this week.

If Greece wants to continue to get financial assistance, it must agree to implement the tight rescue loan agreement.

According to foreign media sources, Greece is seeking short-term financing of about 10 billion euros, while preventing tight funds and at the same time winning time to urge creditors to relax fiscal tightening requirements.

According to foreign media reports, Greece's new government may launch a redeemable currency only in Greece in response to debt problems.

Market analysts may be interpreted as a prelude to Greece's "retreat to Europe" and may even be seen as the first step in Greece's "retreat from Europe".

Analysts at the Bank of America and Merrill Lynch said today that the possibility of a consensus between the new Greek government and the official eurozone negotiations in the near future is less likely.

This has led to fears that Greece's banking sector may face liquidity shortages or shortage of money.

But in our view, these will not pose a substantial threat to the market.

Analysts in the bank said, "Greece may be through a difficult period relying on emergency liquidity assistance.

The Greek government may have received IMF assistance from IMF in March, but we expect that it will be difficult to survive after May.

That is to say, the Greek problem is not something that can be solved in one or two days. The short term Greek problem or the continued dominance of the market will bring about volatility in the financial market. "

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Gold prices fell on Tuesday (February 10th) despite strong support from the US dollar, despite the support for the risk of Greece and Ukraine.

Gold prices fluctuated around $1233 / ounce after the Asian market opened on Monday.

Richmond Federal Reserve Chairman Lake (Jeffrey Lacker) said on Tuesday that the Federal Reserve will raise interest rates in June this year.

The George Gero of RBC Capital Markets, the Royal Bank of Canada, said the expectation of the US Federal Reserve raising interest rates plus the strong stock market increased the risk appetite of the funds.

An increase in appetite for risk hurts risk aversion, which is also bad for gold.

On the other hand, worries about economic growth in the euro area, concerns about the withdrawal of Greece from the euro area and concerns about the escalation of the situation in Ukraine continue to affect the global market on Tuesday.

German Finance Minister Robert E. Bush said on Tuesday that "it is wrong for the European Commission to give Greece 6 months' time, and the finance ministers of the euro area countries will not agree to the new Greek aid plan tomorrow."

According to foreign media reports, according to sources, the European Commission proposed to provide Greece with a 6 month extension plan.

If the agreement is reached, the ECB will accept Greek bonds as collateral.

The Eurogroup finance ministers held a special meeting in Brussels on Wednesday (February 11th) to discuss how to deal with financial support for Greece and prepare for the EU leaders' talks on Thursday (February 12th).

Recently, the United States may provide "lethal weapons" to Ukraine, causing a stir in Eurasia.

Some leaders and international agencies opposed this.

German Chancellor Merkel made clear that he did not support the use of force to solve the Ukraine issue.

Merkel and French President Hollande went to Kiev to talk with Poroshenko and went to Moscow to meet Putin.

On the 9 day, Merkel went to Washington to talk with Obama himself.

Public opinion believes that they will make efforts to solve the Ukraine crisis peacefully before making a decision in the United States.

The euro's gold price was slightly below 1100 euros / ounce before hitting the highest level since April 2013 in January 26th.

In terms of physical gold, the gold price of the Shanghai Gold Exchange (SGE) fell by between 2.5 and 3 dollars / ounce, indicating a slight weakening in demand.