Greek deal drawing closer – Guardian

FXStreet (Mumbai) - UK’s Guardian is reporting that a deal is edging closer and that the differences between Greece and its creditors have narrowed to the minimal.

The Guardian reported that the pensions issue is resolved and the VAT differences amount to peanuts amounts. A minor disagreement persists with respect to defence cuts – Creditors demand EUR 400 million, while Greece ready for EUR 200 million.

Report also says privatization deals have been finalized.

Mexico Trade Balance, $ declined to $-1.02B in May from previous $-0.09B

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USD/JPY climbs to highs near 123.80

A bout of buying interest around the American currency is now sending USD/JPY to post session tops in the 123.80 area...
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