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USD/JPY breaking key technical support to reflect traders' fears
The disappointment was palpable in the interviews of the respective Eurozone’s leading politicians after Greece turned up to yesterday’s crunch meeting armed with little more than notes scrawled on a piece of scrap paper. The frustration and exasperation is growing over the lack of urgency that the Greek leaders are engaging in these negotiations, it is almost as though they want the system to fail. Apparently they have until Friday to come up with a solid proposal which will then be discussed before hopefully come sort of agreement over the weekend. Otherwise the Greek banks which remain closed will have run out ... (full story)