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The Greek referendum almost certainly will have a 'no' vote outcome\
With almost all the votes counted now, the 'no's' represent 62% of the votes
It means that Greece has refused any further loans from the IMF and ECB,
and will probably be left to its own devices, sooner or later
Unless some kind of deal is made with Greece soon, they will be out of the Eurozone too
The Eur/Usd is set to open (much) lower (again), like last week when the deal failed
This time though, it will probably not recover…
With almost all the votes counted now, the 'no's' represent 62% of the votes
It means that Greece has refused any further loans from the IMF and ECB,
and will probably be left to its own devices, sooner or later
Unless some kind of deal is made with Greece soon, they will be out of the Eurozone too
The Eur/Usd is set to open (much) lower (again), like last week when the deal failed
This time though, it will probably not recover…