‘We can't take the risk of Greece leaving the Eurozone’ – French PM Valls

FXStreet (Mumbai) - France can't take the risk of Greece leaving the euro zone and the French government will do its utmost to avoid such a scenario, French Prime Minister Manuel Valls told French radio on Tuesday.

French PM Valls noted,"France is convinced that we can't take the risk of Greece leaving the eurozone,"

"The basis for a deal exists... There is no taboo subject when it comes to (Greek) debt, on the restructuring."

GBP/USD sinks to fresh 4-week lows near 1.5460

The offered tone in the GBP/USD pair increased in the European session, as the British pound was relentlessly sold-off versus its US counterpart largely on the back of strengthening US dollar as risk-aversion heightened ahead of the Greece Summit. While the pound also failed to received support from mixed set of UK industrial and manufacturing production data.
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EUR/USD in lows near 1.0950 pre-EU Summit

The shared currency is intensifying its weekly decline, with EUR/USD now breaching post-referendum levels near 1.0950...
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