Lagarde: Solidarity to defend euro remains intact

French FinMin Lagarde says that EU determination and solidarity to defend the euro remains intact.

The Greek PM continues to rail against speculators, saying they cannot be allowed to continue to undermine our economies and people’s savings. He is pushing for the G-20 to to adopt the German ban on sovereign CDS.

EUR/USD is at 1.2360, trading in very choppy fashion.