The euro found broad support as markets are reduced Grexit premiums with Greece having paved the way for the start of official bailout talks with another batch of reform measures last night. Spanish unemployment also dropped in Q2 data. EUR-USD rose over 70 pips in making 1.1005. EUR-JPY and other euro crosses are gained. Elsewhere, USD-JPY matched yesterday's two-day high 124.15 as it extended its recovery from 123.57, subsequently drifting back under 124.00. Sterling lost over 50 pips on a UK retail sales miss.
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