ECB sources commenting on German court decision

  • ECB is keen to avoid direct role in German constitutional court legal case
  • ECB ready to help on the spec with expertise
  • ECB intervening in the case might signal accepting German jurisdiction
  • No decisions were made at the ECB's Tuesday meeting about the central banks response

The EURUSD has rebounded above close resistance at the 1.0815 level. That muddies the bearish waters a bit for the day.