- Stronger euro needs strong economic ties
- One big-bang won’t solve euro debt crisis
- In a new phase of work on euro area
- Stability pact must be adhered to
- Convinced market confidence will return
EUR/USD’s rally stalled just shy of yesterday’s highs in the mid-1.4470s before receding. The market is apparently unimpressed with the idea of a transaction tax. We’re now at 1.4425.