EU's Moscovici says a deal is both ‘necessary and possible’

FXStreet (Córdoba) - EU's Moscovici says the Eurogroup will work further to find a solution for Greece and that a deal is both ‘necessary and possible’.

USD/JPY reverses and falls below 124.00 as US stocks decline

USD/JPY turned to the downside after hitting a daily high at 124.39 and dropped below 124.00. Currently trades at 123.96, marginally higher for the day and far from the highs.
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EUR/USD spikes to 1.1200, Eurogroup eyed

EUR/USD is now leaving the consolidative pattern around 1.1180 vs. the greenback, climbing beyond 1.1200 the figure ahead of the Eurogroup meeting...
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