Greek debt cut ‘off the table’ – German officials

FXStreet (Edinburgh) - According to German officials, a discussion on a potential cut of the Greek debt is not on the current agenda, all in light of the upcoming meetings between Greek and EU officials.

In the meantime, EUR/USD remains in the mid-1.1000s ahead of the EU Leaders Summit on Tuesday.

USD/JPY sidelined near 122.60

The Japanese currency is giving away part of the initial advance vs. its American counterpart on Monday, sending USD/JPY to the 122.60 area...
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JPY, USD and GBP favoured in the near term – Rabobank

Jane Foley, Senior Currency Strategist at Rabobank, assessed the very near term scenarios for the main currencies in light of the recent Greek events...
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