Grexit bets intensify on election fears

Euro sign outside the European Central Bank in Frankfurt

Greece's future in the eurozone following landmark elections over the weekend was hanging in the balance as FX Week went to press, with foreign exchange strategists divided on the whether a victory for left-wing anti-bailout party Syriza could lead to a Greek exit from the currency union.

"If Syriza wins, there will be an immediate downside on the euro and subsequently it would struggle to form a coalition. If any coalition does manage to form, I see it being very weak and we could well be back

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