Part of the comprehensive package being discussed within the EU is having Portugal take a EUR 60 bln loan, Bloomberg reported this morning…
More from Canada’s Flaherty: Recent developments in Europe pose enormous challenges to sound fiscal management.
He also says Canada has borne a disproportionate of global imbalances in recent months through the rise of the CAD.
Traders note large EUR/USD sales from a large US commercial bank. We’re now at 1.3082.