Uncertainty is back again, despite the previous optimistic environment. First, Greece and the negotiations of the bond swap; then, lower projections of GDP. This is impacting the volatility in the Sterling.

Markets are trembling again, after a period of calm and optimism. The main event, today, is Athens, and the Greek crisis. This is not new, but now the possibility of default is showing around the corner. Sometimes this probability disappears. Right now, Greece acted on Tuesday by making a bond swap, so they can negotiate with its creditors, and finally, .....Read More