It’s the ECB and euro zone’s problem, not the IMF’s says Strauss Kahn. Europeans are capable of providing financial aid if it is needed, he says.
EUR/USD is edging higher in its range after extending it a dozen or so pips to 1.4447 earlier this afternoon. We trade now at 1.4513. No reason it can’t go back up to the top of the range near 1.4580…The coast is clear.
