Aside from the US dollar having a skip in its step the bigwigs of Europe are sitting down to discus all things Greek
EU's Dijsselbloem had a few things to say on his way into the meeting
- Eurogroup will listen to plans today
- Question is how to move on with Greek program
- Existing program is a starting point
- Doesn't expect an outcome today
- Mainly up to Greeks to get economy back on track
EUR/USD has support around 1.1285/90 and more at 1.1270, 1.1260 followed by 1.1220
There are no expectations for a solution today but that doesn't rule out the prospect of any negative headlines that would help sink the euro further. Still, at the moment the dollar is in the driving seat of these moves