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06:45 Switzerland Unemployment Rate January 3.1% 3.1% 3.1%
07:00 Germany Trade Balance December 15.1 14.1 13.9
The euro rose on speculation Greece is making progress on measures needed to win international aid, boosting demand for the shared currency.
The euro rose before Greek Prime Minister Lucas Papademos meets political leaders in Athens to hammer out financing to avert a collapse of the economy.
Greece’s Papademos yesterday met officials from the European Commission, the European Central Bank and the International Monetary Fund to put the final touches on terms required for a 130 billion-euro bailout.
He also held “constructive” talks with Charles Dallara, managing director of the International Institute of Finance, which has negotiated the terms of a debt-swap deal with private bondholders, and Deutsche Bank AG Chairman Josef Ackermann, the IIF said in a statement.
EUR/USD: during european session the pair was limited $1,3240-$ 1,3290.
GBP/USD: the pair showed low in $1,5870 area, but later slightly restored.
USD/JPY: the pair receded from session high, fell to Y76,70 area.
At 1530 GMT the EIA Wkly Crude Oil Stocks numbers are released.
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