French President Francois Hollande:

  • Says we might hope for lower euro but we are fast approaching a point of equilibrium

There have been plenty of comments coming after the one-day EU summit today (I had some of them earlier but soon drowned in verbiage … here is a run-down from AP via the UK’s Daily Mail … if you’re anything like me you will want to click away quickly after reading before becoming too engrossed in the ‘Don’t miss’ column down the right of page).

Posting this one because its obvious direct FX implications. Whether he is right or not, though …. ???

The headline crossed on Bloomberg and Reuters