The dollar is trading moderately weaker after yesterday's across-the-board gains came to pause. EUR-USD remains at the fulcrum given the prevailing focus on Greece and Fed policy. The pair hit a 16-day low at 1.1334 yesterday and has since settled higher, around 1.1200, still well off yesterday's high at 1.1347. Markets are likely to be cautious today. An agreement between Greece and its creditors needs to be reached in time for Finance Ministers to sign off at the Eurogroup meeting this evening, ahead of tomorrow's EU summit.
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