Spreads have just dropped a quick 30 bp to 400 on more talk of a Greece bailout deal coming over the weekend.
As Nicola points out, a New York think tank with close Washington connections has put out something to that effect.
Cover first, as questions later, seems to be the theme. EUR/USD trades at 1.3433. Resistance lies at 1.3440 and 1.3465 ahead of trendline resistance at 1.3510.
