EUR/USD pushes lower, as Friday's rebound after Greece asked for the bailout stalls. EUR/USD now at 1.3328, just off the day's 1.3317 low, and off the 1.3372 level seen late Friday in NY. The activation of the EMU/IMF package would add more uncertainties to already fragile markets, says BNP Paribas. Says Greece asking for the package is a sign of failure as private funds couldn't finance its deficit. Also, this will now put the focus on other countries, such as Portugal.
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