It seems that a deal was reached between EU and Greece, but it is still subject to approval from the Greek government. The conditions for the third bailout are much harsher than those rejected by the Greek people on the referendum and even if the government approves them, that by any means won't be the end of the story.
Now that some uncertainty is out of the way, currencies appear to be returning back to trading fundamentals. EUR/USD sold off while GBP/USD, USD/JPY and USD/CHF rallied. In line …
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