Here are a few potential scenarios: 1) If Greece leaves the euro, it could stoke contagion concerns about other countries leaving the euro, which would push the euro lower; 2) if the ECB decides to support Greece and the Eurozone through enhanced quantitative easing (QE), which would devalue the euro and push it lower; 3) if creditors decide to take a haircut on Greek debt, it too could stoke contagion concerns of other countries demanding cuts on their debt, which would destabilize the euro and push it lower.---ZT |