Forex: EUR/USD stretches to fresh daily highs (Córdoba) - The Euro extended gains versus the Dollar during the American afternoon, hitting a fresh 4-day high as US stocks also climbed to new session highs amid headlines Greece could have a deal with the IIF by the end of the week.

EUR/USD jumped to its highest level since past Friday at 1.2863 before retreating slightly. At time of writing, the cross is quoting around 1.2850, up 0.9% on the day.

In terms of technical levels, the team sees supports at 1.2735/11 and then at 1.2624. On the other hand, resistance levels are seen at 1.2879/98 and then at 1.2946.