EU's Junker and Tsipras discuss reforms in phone conversation
Junker and Tsipras have had a telephone conversation on how to push through reforms for the basis of nailing down an agreement.
Pension, wages and labour market reform were some of the topics and talks were positive
Vartoufakis has been busy too and met with his Italian counterpart Pier Carlo Padoan. Varoufakis described the meeting as "excellent" and that Padoan was given much confidence in that a deal could be struck on Monday
We're seeing another broad bout of euro buying, as well as dollar weakness. Stocks are also rolling over so we could be seeing some further hedging unwind
EUR/USD has driven through 1.1300 to a 1.1341 high as USD/JPY trips stops through 119.50 to the next batch of support at 119.30/35