EUR-USD dove below 1.1000, registering a low at 1.0958 at the time of writing, and the euro posted losses against the yen and some other currencies amid market anxiety about the fate of Greece. It's become clear that unless Greece makes compromises, a Grexit is realistic, and given the fresh 'no' to austerity vote PM Tsipras would not seem to have mandate to bend to creditors. There is both a Eurogroup meeting and an EU summit today, which is perhaps the last chance Greece has to avoid bankruptcy.
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