So Joe’s being told by very reliable source at major bank.
Being given as reason for latest spurt higher in EUR/USD. We’re at 1.3165.
And there was me thinking it had gone up because Joe and I and our mates had called for 1.3225 before 1.3025
UPDATE: It’s Greek newspaper Ethnos.
Private sector creditors “will submit a new improved offer with an average interes rate of 3.75% after Institute of International Finance chief Charles Dallara met with senior bankers in Paris.
