I know, you’re bored to death of the ongoing Greek tragedy…The EU is hoping to play defense for a few months and hope things don’t blow up in the interim. So far, they’ve been lucky. We’ll see if their luck holds.
The Germans also say they want better and more robust sanctions for deficits.
EUR/USD continues to slip on profit-taking, down now to the 1.3740 area. Bids are eyed in the 1.3720/30 area near-term, traders report.
