No deal today at Eurogroup meeting

FXStreet (Edinburgh) - EU officials expect today’s Eurogroup meeting in Luxembourg to shed no light upon the likeliness of a EU-Greece deal in spite of recent talks between EC’s J.C.Juncker and Greek PM A.Tsipras.

The discussions around Greek pension cuts seems to once again be in the centre of the debate, although Greek officials have practically ruled out any changes in the matter.

FOMC meeting review: Dot-plots suggest lower possibility of a September liftoff – Nomura

Economists at Nomura offer their observations on the FOMC Meeting and the rate outlook ahead, noting that in spite of the Fed dot-path suggesting a lower possibility of a September rate hike, the expected rebound in US data will maintain the expected Q3 liftoff timing.
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USD/CHF retakes 0.92 handle

The USD/CHF pair is back above 0.92 handle ahead of the European session after having clocked a low of 0.9193 levels in the Asian session.
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