Quanto Swaps Indicate Euro May Slump 9% if Greece Defaults, Citigroup Says

    Athens_strike_20may-6
    Greece Trade
    Image by Rude Cech

    Quanto Swaps Indicate Euro May Slump 9% if Greece Defaults, Citigroup Says
    The euro will fall 9 percent against the dollar should Greece default, according to Citigroup Inc. prices for quanto credit swaps that allow investors to bet on currency volatility and sovereign debt risk.
    Read more on Bloomberg

    Athens_strike_20may-30
    Greece Trade
    Image by Rude Cech

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