- China is confident in the Euro, firmly supports measures by ECB and others
- China will continue to invest in EZ debt
- China will play bigger role via IMF and EFSF in solving EZ problems
- EUR can become bigger and more important reserve currency
(Reuters newswires)
The EUR/USD has gotten a lift from the these comments, now challenging 1.3150; technical resistance on the hourly chart is fairly light until 1.3190ish.
