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

Athens_strike_20may-6

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

Image by Rude Cech

Exit mobile version