Another one to receive a fair amount of comment yesterday was a ruling party leader talking the financial picture of the economy down yesterday…”Greek style crisis.” All up market appears to be calling his bluff. I am no expert on Hungarian politics but word is new government blaming the financial position on the previous government .

EUR/USD seem to like the stronger forint in preference to the widening of the EU bond spreads.EUR/USD has just made a fresh high for the day at 1.2199.