Iran and P5+1 group are to hold a comprehensive meeting at 09:00 BST at UN HQ – Fars via RTRS
Asian shares rise as Greek deal gets cautious nod – RTRS
Oil prices fall as Iran nuclear deal looks imminent, Asia growth outlook dims – RTRS
Dollar up with Greece off centre stage, safe-haven yen sags – RTRS
The US Dollar rose yesterday as Greece and the Euro Zone reached an agreement after long and uncertain negotiations. The Greek crisis has been seen as a concern for the Fed. A Grexit and possible contagion to other Euro Zone members could have possibly delayed a Fed rate hike, so USD bulls were relieved yesterday to see that an agreement has been reached. At the same time, the Chinese stock market has somewhat recovered from the chaotic trading the past week. Hence, JPY and CHF were both sold, as the demand for safe havens waned. Meanwhile, the Canadian Dollar remains under pressure as Oil prices fell again. Today, the Iran negotiations are scheduled to end and if there is an agreement, Oil could extend its losses.