German Chancellor Merkel says the economy has reached a low point and maybe the slide has ended. Don’t go too far out on a limb there, Angie baby.

She does have an election to contest in a bit over a month. Lets hope she doesn’t win the booby prize.

Falling US bond yields are helping undermine the greenback intraday. EUR/USD trades at 1.4300 after finding support repeatedly at 1.4270.