Greece-Eurogroup press conference to start shortly, conflicting headlines hitting the wires

FXStreet (Bali) - There continues to be conflicting headlines in the Greek-Europgroup funding talks, with Bloomberg reporting that Greece and Europe moving towards a bailout extension, while Reuters quotes a Eurogroup source telling Reuters that no "deal" yet with Greece, and that may be an agreement to explore possibility of extending bailout programme. Another second Eurogroup source said Greece agrees in principle to meet its financial obligations in draft common statement, while a Greek govt official said no agreement in Eurogroup, Greece will not accept an extension of current bailout, with discussions to continue, aiming at mutually beneficial agreement. The press conference will start shortly.

EUR/USD: Spikes higher on Greek principal agreement reached

EUR/USD is trading on the bid at 1.1324 with a high of 1.1336 and a low of 1.1279.
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RBA Assistant Governor Guy Debelle eyed

RBA Assistant Governor Guy Debelle speaking at an FX Week Australia conference now (22 GMT). The venue suggests he may comment on the exchange rate, notes Greg Gibbs, FX Strategist at RBS.
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