Polls can be tricky as questions can be asked in such a way as to elicit a pre-determined response, so take them with a grain of salt, especially on social issues. That said, Reuters reports a poll of Greeks finds about 75% say that austerity measures are being unfairly applied, impacting the bottom of the socio-economic strata more than the upper-end.
This suggests measures may be hard to implement, keeping pressure on Greek bonds.
EUR/USD has gotten directional. sliding below 1.3500 after the employment report. Technically, the failure to surmount the 1.3605 resistance line keeps pressure on the downside intact. Support comes in at 1.3460, yesterday’s NY low.
