EUR/USD just made a new high of 1.3666 and bulls are targeting a retest of the 1.3693 highs from Tuesday. Central bank selling is already coming into the market, so it could be a good two-way battle.
The Bloomberg report that Germany is preparing to buy Greek government debt is being taken as a sign that preparations for a bailout remain underway though there remains uncertainty whether the political will is there to deploy the proverbial life boats.
Just crossing the wires, Reuters reports that the German finance ministry is declining comment on the Bloomberg report.
