The famous US consulting shop that calls me up and yells when I publish the gist of their stuff (damn you, Google!) has put out a bearish piece on the euro, traders say. I’ll try and dig up the details.
Support is down at 1.3320/25; small stops are eyed below that level.
More support is eyed at 1.3280.
UPDATE: Nicola passes along that the report says that an extra EUR 500 bln will be added to the EUR 440 bln bailout fund…
