EUR-USD traded softer after peaking at a five-day high at 1.1270, though found a cushion of support just above 1.1200. EUR-JPY and other euro cross saw a similar price action, though the dollar itself was broadly lower as the euro was broadly higher. The run higher came despite persisting Greek uncertainties, which saw the Greek 2-year yield push back above 21%. Broader dollar weakness has helped underpin EUR-USD following yesterday's big U.S. trade deficit miss.
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