French auditor: Cut debt or risk downgrade
By Jamie Coleman || February 9, 2010 at 13:02 GMT
|| 4 comments || Add comment
Reuters is running a headline which says French auditor says France must cut debt, deficit levels, or risk a ratings downgrade.
EUR/USD has eased a bit from from session highs of 1.3774. It trades now at 1.3753.

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Good morning Jamie,
Can you please give us a look of the order central today esp for Aussie and Cable?
thanks
Puks
Morning Jamie,
An Interesting article on outlook of Aussie Interest rate at a meeting today.
Extended period of low interest rates!!
http://www.smh.com.au/business/interest-rate-rises-in-labor-hands-20100209-npro.html
greek banks up 6% on the highs of the day
Market clearly doesn’t care about France. At least market doesn’t react despite the fact EUR/USD at 100 MA on the hourly and some resistance.