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Merkel says there is potential for a deal, demands reforms

FXStreet (Córdoba) - German Chancellor Merkel has said she believes that there is potential for a deal with Greece, however she is still demanding Greek reforms, according to a German government spokesman.

EUR/USD: Embarking on a very constructive bullish signal

Analysts at Rabobank, while waiting for Eurozone officials to start their emergency summit on Greece, gave us a look at EUR/USD from the perspective of technical analysis.
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EUR/USD off peaks, back to 1.1360

After another failed attempt to follow through the 1.1400 barrier, EUR/USD is now deflating towards the 1.1360 area...
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