Just been sent headline by contact rather than reading it off newswire, so not sure what newswire the story comes from. But it’s out there.

UPDATE: Apparently story in Greek press overnight and picked up in FT.

I’m now totally confused, but the headline hasn’t helped EUR/USD any. Seems like old news to me, but there we go. Phrase ‘making a mountain out of a molehill’ comes to mind.

We’re back down around 1.3000. Eastern European selling notable in latest run lower.