Bloomberg reports that if Finland is granted collateral in exchange for loans to Greece, the Netherlands will ask for the same.
Can’t say I blame ‘em…
EUR/USD is consolidating big overnight losses, now at 1.4370.
Support is seen on dips from the 100-day moving average at 1.4359 and the 10 and 21 day averages at 1.4315 and 1.4322 respectively.
Stops are seen near-term below 1.4350 and again below 1.4315.
