The EU Summit resulted in a decision of a new deadline: Sunday, July 12th. Until then, Greece needs to secure a deal for the short term, in order to open the banks, and for the long term, in order to allow it to grow. Otherwise, the chances of a Grexit are extremely high.
EUR/USD has emerged from the lows in a mix of some optimism and a correction after the fall. Here is the latest.
Read the rest of the article EUR/USD hugs 1.10 amid final Greek deadline on Sunday – what you need to know