They sure do. So button it, ya hear!!! (that’s what he’s really saying)
EUR/USD has been as high as 1.3818. Talk of next bunch of stops through 1.3820.
- Deeply concerned about timetable for EFSF approval (oh dear, never like to hear anyone being deeply concerned, life’s too short)
- ECB bond buying temporary
- Will have to reconsider bond buying if second pillar of expanded EFSF not there
