EUR-USD tumbled on news about the ECB, which is apparently considering curbing Greek ELA if Athens fails to deliver on reforms. The euro lost over 60 pips against the dollar since London opening levels, making a low of 1.0657. EUR-JPY concurrently fell below its Monday low, making a six-day nadir of 127.45. German ZEW investor sentiment also missed expectations, which prompted a wave of euro selling, though this petered out and EUR-USD's earlier low remained unchallenged.
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