Risk appetites have improved with the market taking in stride the strong likelihood that Greece will trigger its aid package with the EU and IMF after a meeting next Monday with tall of the above plus the ECB.
Cable has led the rebound, absorbing offers at 1.5480 with ease and trading up to 1.5491. EUR/USD is rebounding at a more measured pace, now at 1.5470 after finding buyers in the 1.3540s during the NY morning.
US equities have turned positive on the day, shaking off early jitters.
