The dollar remained perky. EUR-USD failed to hold rebound gains above 1.0900 after clocking a 15-week low yesterday at 1.0855, reflecting broader dollar firmness. The May-27 low at 1.0819, which is the lowest level traded since late April, provides a downside focal point. Focus remain on Greece. German lawmakers are set to vote on the preliminary bailout deal today, even as IMF's Lagarde said the Greek plan is "categorically" not viable, repeating that Greece needs a debt reduction. Germany's Schaeuble said yesterday that an outright haircut is incompatible with EMU membership.
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