- Proposals for leveraging EFSF resemble a market incentive programme (oh-eh, I await details)
Reuters reporting.
EUR/USD touch firmer on news, but not that you’d really notice, presently at 1.3917.555
UPDATE: Oh I say, we’re actually moving, EUR/USD up at 1.3940. As mentioned earlier sell orders seen clustered 1.3950/65, stops through 1.3970 before barrier option interest at the psychological 1.4000.
UPDATE: FDP’s GenSec Lindner told reporters “The instruments that are currently being discussed are acceptable to us” adding the plans resembled a market incentive plan (I’m none the wiser, oh well.)
