The dollar traded higher in N.Y. on Monday, taking EUR-USD under 1.1350 on renewed Greece concerns. Greek banks are reportedly running low on collateral while there remains no sign of compromise between creditor demands and the Greek government's red lines. As a result, barring a miraculous agreement at the Eurogroup meeting later in the week, the euro is liable to remain under pressure. USD-JPY firmed up to 119.90 highs, though was kept from the key 120 handle, with reports of option and exporter offers in place from the figure.
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