A rebound in equity markets has helped spark a relief rally in EUR/USD and EUR crosses. EUR/USD is now at 1.2870, nearing 1.2880 resistance. Expect some selling into the rebound from trapped longs.
On the wires, the Greek PM is speaking. He says tough measures must be taken to secure the future, not backing down from austerity despite todayās deaths as a result of protests in Athens.
