Approval Of Greek aid would break Dutch election promise – Dutch PM Rutte

FXStreet (Mumbai) - Dutch PM Rutte was on the wires stating that approving the aid for Greece would break the election promise.

The Greek deal requires an approval of reforms in the Greek parliament, followed by similar approvals by other sovereign parliaments across the Eurozone.

Rutte added that initial proposals from Greece were unacceptable and despite reaching the deal he is still unwilling to predict if Grexit if off the table.

EUR/USD tests 1.1100, Greek deal-rally fizzles out

The sudden rally in the EUR/USD pair to fresh highs shy of 1.12 handle fizzled out and the European currency returned to familiar range above 1.11 handle as markets now weigh reports that Greece and the EU have found a common ground and a Greek deal is finally made.
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