EUR/USD move above 1.1534 difficult even on a Greek extension – KBC

According to KBC Bank, a sustained break above 1.534/1.1679 levels might be difficult for EUR/USD even on a positive end to Eurogroup-Greece discussions, further adding that a sell-on-upticks approach for the longer term is still preferred for the pair, although not at the current stage.
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EUR/USD drops to fresh weekly lows despite upbeat EMU data

EUR/USD fell to fresh weekly lows after EMU and German manufacturing and services PMI as markets now focus on the crucial Euro group meeting with Greece's debt deal in the spotlight.
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