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Greek crisis: Berlin talks provide no further details

FXStreet (Bali) - At the conclusion of the Greek crisis talks in Berlin around 23:30 local time, there were no details given. However, as fastFT reports, Merkel, Lagarde are set to intensify Greek talks ahead of the €1.6bn IMF payment deadline on June 5th.

As fastFT notes: "At the conclusion of the meeting, a German government spokesman said that German chancellor Angela Merkel, French president François Hollande, European Commission president Jean-Claude Juncker, and Christine Lagarde, the managing director of the International Monetary Fund, recognised that the talks over Greece had to be intensified."

USD/JPY, like the USD index, is rising on little of substance - JPM

Analysts at JP Morgan explained that like its ballistic gains earlier this year, the dollar index has surged 2.5% since mid-May, though on almost undetectable macro or policy developments.
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USD/JPY is rising on what exactly ? - JPM

Analysts at JP Morgan explained that like its ballistic gains earlier this year, the dollar index has surged 2.5% since mid-May, though on almost undetectable macro or policy developments.
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