‘Can we pay at the end of the month, please?’ – Greek officials

FXStreet (Edinburgh) - According to Greek officials, the country could miss its €300 million repayment to the IMF on Friday, and could try to bundle up its monthly repayments worth around €1.6 billion, and pay at the end of the current month.

EUR/USD rises above 1.1300 despite Greek bunding headlines

EUR/USD managed to climb back above the 1.1300 mark following a sideways phase despite headlines suggesting that Greece will miss its €300 million IMF payment tomorrow and will ask to bundle June payments up to repay €1.5 billion at the end of the month.
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