• Estimates it will need $500 bln to lend to member countries, with $100 bln as “protection buffer”
  • IMF estimates $1 trillion global financing gap over next two years if World economic conditions worsen
    :(

Wheres EUR/USD?

Oh look 1.2803. Good to see the magnet’s still working.

UPDATE: NOW HEAR THIS: If EUR/USD is within 25 pips of 1.2800 when I return to work tomorrow morning I’m going straight back to bed.

I WON’T TOLERATE THIS INERTIA ANYMORE!!!