Reuters: Sarkozy, Zapatero: Important to speed up implementation of measures to stabilize euro zone: Sources
Now that the power center in the EZ has shifted from Berlin to Paris, I guess we have to listen to out friend M Sarkozy.
If he wants to move faster, faster we will move…
EUR/USD is recovering from a quick dip into the 1.2380s as the early stock rally faltered. It has since steadied but well below earlier highs. The S&P is up about 0.7% on the session after rallying about 1% in early trade. It trades now at 1.2400.
