ForexLive US wrap: Investors lose that loving feeling for Europe

Real money accounts heavy sellers of EUR/USD throughout session, following on sales from last week into strength EU denies doubling Irish bailout loan repayment period to 30 years Spanish 10-year yield closes at record 7.19%, up 27 bp from Friday's close 2-year extension of Greek deficit goals rumored: DJ US home-builder sentiment rises to 29 in June from 28 in May: NAHB G20 draft communique: Europe agrees to take all necessary steps to safeguard regions stability and integrity Germany's Merkel: No leeway on reforms for Greece Venizelos: Greece needs coalition to be formed by Tuesday Germany a credit risk: Bill Gross Barroso: Troika will visit Athens as soon as govt formed Spanish Economy minister: Spain is a solvent country Italy to propose bond-buying scheme to keep spreads from widening too much Barroso: Euro FX rate very high; some in Europe would like to see it lower New Democracy expects to form government tomorrow with Pasok participation: Reuters Spanish bad debt problem growing S&P 500 up 0.1% at 1345; Euro Stoxx 50 down 1.2% US 10 year not falls 1 bp to 1.57%, WTI falls $1 to $82.99