Forex Flash: Eurozone cyclical downturn keeps downside risks in Euro - Standard Chartered (Barcelona) - After Monday's Greece debt deal, the country will get funding subject to EU parliaments approving it and the debt buyback succeeding, note Standard Chartered strategists, who believe "official debt write-downs look inevitable despite the decision has been postponed..." The banks is focused on downside risks to the EUR on the area's cyclical downturn.

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