Yesterday’s moderate rally in risk-correlated FX trades is starting to stall on word that an unscheduled EconFin meeting in Brussels has failed to reach an agreement on a bailout to Greece (no official statement was released). The Finance ministers will re-convene again on 19-20 of June to see if the deadlock issue of if and how the private sector will be involved can be resolved. EURUSD fell... ...More...


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