Asian session: the euro fell after S&P' comments
01:30 Australia Retail Sales s.a. (MoM) (May) -0.6%
The euro erased gains versus the yen and the dollar after Standard & Poor’s Rating Services said the debt rollover plan for Greece may put the country in “selective default.”
The 17-nation currency had advanced 0.4 percent earlier against the dollar on speculation the European Central Bank will increase interest rates this week.
Australia’s dollar weakened after reports showed retail sales and building approvals fell.
EUR/USD: the pair shown high at $1.4580 area. Later the rate fallen in $1.4510 area, then restored.
GBP/USD: the pair holds at $1.6060-$ 1.6090.
USD/JPY: the pair decreased in Y80.70 area.
UK data at 0830GMT includes Bank of England Housing Equity Withdrawal data as well as PMI Construction.
Traders expect a low volume session, with US markets closed for the Independence Day holiday.