Livesquawk reporting MNI saying that there's an even chance of a deal by Sunday

Dijsselbloem is apparently working behind the scenes overseeing talks with Greece

  • Troika and Greece studying prior actions for a new deal

Eurozone sources are giving the comments and say that even with a good package of reforms it's unlikely that the Greek government would rebuild lost trust all at once. One adds that Greece has to prove it can actually implement reforms which go against Tsipra's principles

EURUSD getting a boost to 1.1091 but we've been here so many times before that it's not exactly going to the moon