One of the hardest hit spots in the world by the credit crush is undoubtedly Ireland. But even there, green shoots are emerging. Finance minister Lenihan sees tax revenues bottoming out soon as well as revived buyer interest in the real estate market.
EUR/USD is giving back further ground, testing support at 1.3380 after a poorly received US 30-year bond auction. Equities are slipping as well, down 1.6%.
