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Forex pairs in this Article » EUR/USD (Barcelona) - Eurozone finance ministers gather on Monday for the third time this month to try and reach an agreement on the Greek bailout. The main points on the agenda are the unfreezing of the next tranche of rescue funds and the possible debt write-off.

European Commissioner for Economic and Monetary Affairs Olli Rehn told reporters on Monday that it was of utmost importance to remove the uncertainty surrounding the Greek situation and he expressed his conviction that reaching a final decision this time was "fully possible".

Jacqui Douglas, Senior Global Strategist at TD Securities is not as certain that the deal will be struck: "Markets seem to have fully priced in a deal getting done today, but we worry that they could be disappointed, as we've seen reports that the decision on Greece could get pushed back to the Eurogroup meeting on 3 Dec, as there is still a big gap in opinions to bridge. Yet another delay could push the markets to take back a big part of last week's gains in EURUSD and risk assets in general."
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