Greek referendum jolts FX markets

Макроэкономика 30.06.2015 Following the series of negative developments in Greece over the weekend and on Monday, the euro, having opened weak in early morning trading, fell to as low as 1.10 but later recovered 1.5% to close the day at 1.1167. The US dollar index (DXY) gained 0.30% and the Russian ruble fell 0.20%, while the Ukraine FX market was closed yesterday due to the national holiday. The hryvnia is unlikely to move dramatically this week as authorities, in the wake of the crisis in Greece, will use wide capital controls that should restrict a run on the currency.