Early elections in Greece in autumn – Government

FXStreet (Edinburgh) - According to Greek government’s spokeswoman, early elections in the country are likely to be called during the upcoming fall.

The official added that the final decision “mainly depends on how steady this government can be in the coming period”.

EUR/USD pares losses, recovers to 1.0875

The single currency sees modest recovery from fresh session lows versus the US dollar in the mid-European session, with EUR/USD still keeping the red below 1.09 handle. The major struggles to recover losses completely as Fed Lockhart’s rate lift-off comments continue to keep the European currency undermined amid the latest chatter surrounding Greece.
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