Looks like the retail trading community is happy to buy EUR, or at least cover shorts, with the Friday night EUR/USD lows still holding firm. Most retail trading platforms opened at 22:00 GMT and EUR/USD has gotten a mild boost trading up to 1.2650.
ECB’s Nowotny has been quoted on the newswires, saying that Austrian borrowing costs shouldn’t be impacted for now and that the ECB will do all it can to calm the situation.
