Euro jumps as hopes of a deal rise

  • Greek bank deposits are safe
  • Deal to include lower primary surpluses
  • Deal to also include a long term solution on debt
  • Greece to change pension system but won't cut them

These comments are coming from a Greek government official so take with a large pinch of salt

A 'staff level accord' is close to a full agreement but will need to be finalised

EURUSD has been up to 1.0877 from 1.0840 on the news