EUR-USD clocked at a new low at 1.0808 in early Asia-Pacific, and subsequently remained heavy, below 1.0835. Optimism about the Greek deal is starting to fade, and a Bloomberg survey yesterday showed respondents expecting Grexit concerns to return next year. USD-JPY clocked a six-week peak at 124.47 as Japanese markets returned from a long weekend. The minutes to the BoJ's recent policy meeting didn't stir, which showed that members agreed that the QQE program is producing the intended effects and that inflation would continue to rise over the medium- to long-term.
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