The Traderszone Network

Published in TZ Latest News 14 June, 2015 by The TZ Newswire Staff

Euro slips, mood darkens as Greece fails to reach deal

The euro slipped in early Asian trade on Monday, after Greece’s talks with lenders to avert a default ended with no agreement and a downbeat day on Wall Street was also likely to pressure Asian shares. European Union officials blamed the collapse of the talks on Athens, which it said had failed to offer any new concessions to secure funding it needs to repay 1.6 billion euros ($1.79 billion) to the International Monetary Fund by the end of this month. On Friday, shares on Wall Street dropped after upbeat consumer data capped a week of solid economic reports that back the view that the U.S.

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