The headlines from the Greek regional elections are also adding a bit to the interbank volatility in the EUR/USD but the 35 pip range tells the whole story.
PM Papandreou will remain in power and he vows not to call a snap general election and he will continue with his reform processes.
The opposition leader, who made some decent gains in the regional polls, has said that his party is now a viable alternative as the majority of voters have rejected the PM’s policies.
No clear directional news here for the EUR.
