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Greece has completed the agreed reforms - Euro working group

FXStreet (Córdoba) - Euro working group reaches a broad agreement that Greece has completed the agreed reforms, Bloomberg reports. A final statement will be issued on Saturday.

According to sources, Greece is in line to receive €2 billion on Monday if their are no objections.

On Thursday, Greek lawmakers narrowly approved a package of economic reforms required by international creditors to unlock up to €12 billion in loan money from the bailout program.

USD/JPY bullish run is complete

USD/JPY is currently trading at 122.81 with a high of 123.06 and a low of 122.71.
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How much for the Fed and what for the ECB? - Commerzbank

In the coming week, discussion on the FX market will mainly again revolve around how the Fed and ECB are likely to proceed. According to Thu Lan Nguyen, analyst at Commerzbank, while in the USA, the focus will be on the inflation data, investors in the eurozone are likely to be hoping for signs from the central banks themselves.
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