Presently up at 1.1970 from around 1.1930 when I arrived. Sources note real money has been buying this morning.
This cross buying (together with aforementioned EUR/GBP buying) will be helping underpin EUR/USD which has edged over 1.4400. We’re at 1.4405 having been as high as 1.4417 as the market continues to discount a Greek austerity yes vote.
