Greece will hold a conference call after the conference call with the Troika, set for 16:00 GMT.
EUR/USD is taking the news badly, perhaps expecting a harsh review from the paymasters.
Stops below 1.3620 are targeted.
Cable is working through bids in the 1.5680 level as well.
Risk-aversion writ large is the theme today with AUD, CAD and emerging markets all pressured.
