- It is a private affair
- Not worried about France’s credit rating
- Sarkozy’s political adversaries lack credibility on the economy
It will be interesting to see if Strauss-Kahn can rehabilitate his image in time to challenge Sarkozy from the left in next-year’s presidential election.
Market are quiet with EUR/USD steady in the low 1.4420s and USD/JPY at 77.00.
