ECB takes no decision on Greek collateral haircut, keeps ELA ceiling unchanged

FXStreet (Córdoba) - An ECB spokesman has said the European Central Bank decided to leave emergency lending to the Greek banking sector (ELA) unchanged.

Media is also reporting that the ECB has not made a decision regarding Greek collateral haircuts.

A Greek official said that the ECB is prepared to re-evaluate the Greek ELA when required.

GBP/USD heavily bearish; smashed down to 2-week lows

GBP/USD has been offered out of a sideways consolidation and collapsed on very positive US data, less so positive UK data and risk-off mode markets as we get set for a Greek referendum this weekend, all in all a poor day for Sterling, even through the cross with the single currency rallying from the off in Europe.
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Greenback stands victorious - FXStreet

Valeria Bednarik, chief analyst at FXStreet explained that the American dollar stands victorious across the forex board, in another long day of tugs of war between Greece and its creditors.
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