Greece will not pay the IMF on Tuesday

FXStreet (Córdoba) - A Greek government official has confirmed that Greece will not pay the € 1.6 billion due to the International Monetary Fund (IMF) on Tuesday, Reuters reports.

This was expected as Greece failed to struck a deal with creditors over the weekend.

Jun 29, 2015

GBP/USD prints fresh highs, eyes 1.5800

GBP/USD broke above Thursday and Friday’s highs and climbed to 1.5788 hitting the strongest level in five days. The pair is trading near the highs, holding bullish tone for the session as the US dollar retreats sharply versus the euro, despite the ongoing Greek crisis.

Greece will not pay the IMF on Tuesday

GBP/USD prints fresh highs, eyes 1.5800

United States 3-Month Bill Auction climbed from previous 0.01% to 0.02%