Greek deal brings early signs of calm in spot and options

Stone on Sand
Simon Nursey, BNP Paribas

Foreign exchange spot and options markets appear to have reacted well to the latest round of measures to help Greece deal with its fiscal problems, agreed at a landmark meeting of eurozone finance ministers on Monday.

EUR/USD rallied to 1.3338 on February 23, having been at 1.3224 at the start of the week, according to data from Thomson Reuters. Meanwhile, three-month at-the-money implied volatility was at 10.65 on February 23; down from a high of 17.75 in September, according to data from BNP

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: