Euro pares losses on hopes for Greek debt deal

Tokyo

THE euro pared early losses on Monday on hopes for a last-ditch Greek debt deal, with a source saying an outline plan had been agreed to keep the cash-strapped nation in the eurozone.

In Tokyo afternoon trading, the common currency bought US$1.1135, slightly down US$1.1149 in New York late on Friday. However, it is well up from the US$1.1089 it hit in early electronic trading. The unit was little change…