Sure, but it ain’t enough to cover problems at 4…
Ireland, Greece and Portugal? Sure , no problem.
If Spain dips into the pool, it will be too shallow…that’s the risk…
EUR/US has eased back toward the base of recent ranges, trading now at 1.3930. EUR crosses are being sold, especially EUR/CHF and EUR/NOK.
Bids and stops are seen mixed around the 1.3925 level.
