USD remained heavy in overnight trade. Although off the lows, USD is still at levels that prevailed before Friday's strong payrolls release against most of the majors and there is again nothing in the way of news to rationalise USD weakness.
Once again, there appears to have been little progress on Greece, with reports suggesting a new Greek three point plan was submitted overnight, but an unnamed international official quoted as saying the plan is "no more than a vague rehash of earlier plans".
There have been no first-tier data releases overnight and other news is limited to JPY negative comments
