Euro trades flat on prospects of a new Greek bailout deal

Source: WBP Online
© ScanPix/AFP
The shared currency was traded almost unchanged against the Greenback on Monday, as traders kept focusing on new bailout deal in Greece and the Fed's Lockhart speech. The EUR/USD pair edged 0.07% higher at $1.0974 by 07:15 AM GMT. Meanwhile, optimism among the EU officials is growing, as Greece is more likely to approve new austerity measures.

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