Dep chancellor and econ min speaking to Stern
- nothing gained by wiping out Greek debt
- accepting Greece into the euro was "naïve"
Perhaps they should have asked more questions then and a thorough check of the books. Rich comment given all the fudging of stats that was going on when euro first introduced
Bloomers reporting. No further detail
Meanwhile EURUSD is holding 1.0955 support lines for the moment but rallies limited
GBPUSD now through 1.5500 to post 1.5493. More bids near by
USDJPY testing good demand at 122.50 as EURJPY remains offered
USDCAD failing to hold gains above 1.2700 as oil price firms albeit off its tops now. Brent crude $57.33 vs 57.56 highs
